Analytical Expression of the Expected Values of Capital at Voting in the Stochastic Environment
Optimization and Control
2011-06-06 v2 Multiagent Systems
Social and Information Networks
Systems and Control
Probability
Abstract
In the simplest version of the model of group decision making in the stochastic environment, the participants are segregated into egoists and a group of collectivists. A "proposal of the environment" is a stochastically generated vector of algebraic increments of participants' capitals. The social dynamics is determined by the sequence of proposals accepted by a majority voting (with a threshold) of the participants. In this paper, we obtain analytical expressions for the expected values of capitals for all the participants, including collectivists and egoists. In addition, distinctions between some principles of group voting are discussed.
Keywords
Cite
@article{arxiv.0902.4514,
title = {Analytical Expression of the Expected Values of Capital at Voting in the Stochastic Environment},
author = {Pavel Chebotarev},
journal= {arXiv preprint arXiv:0902.4514},
year = {2011}
}
Comments
13 pages, 5 figures, translated from Russian by M.A. Kasner