Analytical Democracy: A Microfoundational Approach – with Hugo Mercier and Melissa Schwartzberg

Henry Farrell, Hugo Mercier and Melissa Schwartzberg (2023), “Analytical Democracy: A Microfoundational Approach,” American Political Science Review. 117,2:767-772.

A prominent and publicly influential literature challenges the quality of democratic decision making, drawing on political science findings with specific claims about the ubiquity of cognitive bias to lament citizens’ incompetence. A competing literature in democratic theory defends the wisdom of crowds, drawing on a cluster of models in support of the capacity of ordinary citizens to produce correct outcomes. In this Letter, we draw on recent findings in psychology to demonstrate that the former literature is based on outdated and erroneous claims and that the latter is overly sanguine about the circumstances that yield reliable collective decision making. By contrast, “interactionist” scholarship shows how individual-level biases are not devastating for group problem solving, given appropriate conditions. This provides possible microfoundations for a broader research agenda similar to that implemented by Elinor Ostrom and her colleagues on common-good provision, investigating how different group structures are associated with both success and failure in democratic decision making. This agenda would have implications for both democratic theory and democratic practice.

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Other Writing:

Chapter in an Edited Volume

Weaponized Interdependence and Networked Coercion: A Research Agenda – with Abraham Newman

Henry Farrell and Abraham Newman, “Weaponized Interdependence and Networked Coercion: A Research Agenda,” The Uses and Abuses of Weaponized Interdependence, eds. Daniel Drezner, Henry Farrell and Abraham Newman (Brookings Institution 2021). In May 2018, Donald Trump announced that the United States was pulling out of the Joint Comprehensive Plan of Action agreement on Iran’s nuclear ...
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Essay

Bitcoin is Losing the Midas Touch

Bitcoin, the decentralised, mainly digital currency that is neither issued nor guaranteed by central banks, has always seemed like a magic trick. Rather than spinning straw into gold it transforms wasted computing power into money that people will actually accept as payment. Radical libertarians have desperately wanted to believe in it because they hope it ...
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