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 In this Letter, we draw on recent findings in psychology to demonstrate that the former literature is based on outdated and erroneous claims and that the latter is overly sanguine about the circumstances that yield reliable collective decision making.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:

Essay

How a Single Hard-Charging CEO Helped the US Dollar Take Over the World – with Abraham Newman

Walter Wriston was once one of the most powerful people on the planet. The chairman of the financial giant Citibank and its parent corporation, Citicorp, he was also a man with a vision. Wriston was a globalist who was deeply influenced by economist Friedrich Hayek’s vision of a world in which market freedoms were the ...
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Academic Article

Hybrid Institutions and the Law: Interface Solutions or Outlaw Arrangements?

Much discussion of law and e-commerce focuses on the extent to which e-commerce and the Internet weaken sovereign states’ effective control. Recently, in e-commerce, there has been a trend towards “hybrid institutions” which blend public oversight and private enforcement in the international arena. Do these institutions reflect the weakening of state legal orders, and the ...
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