Related papers: Collective decision making with a mix of majority …
Decades of research suggest that information exchange in groups and organizations can reliably improve judgment accuracy in tasks such as financial forecasting, market research, and medical decision-making. However, we show that improving…
We study binary opinion dynamics in a fully connected network of interacting agents. The agents are assumed to interact according to one of the following rules: (1) Voter rule: An updating agent simply copies the opinion of another randomly…
For a binary choice problem, the spatial coordination of decisions in an agent community is investigated both analytically and by means of stochastic computer simulations. The individual decisions are based on different local information…
Here we focus on the description of the mechanisms behind the process of information aggregation and decision making, a basic step to understand emergent phenomena in society, such as trends, information spreading or the wisdom of crowds.…
Individual choices are either based on personal experience or on information provided by peers. The latter case, causes individuals to conform to the majority in their neighborhood. Such herding behavior may be very efficient in aggregating…
We investigate majority rule dynamics in a population with two classes of people, each with two opinion states $\pm 1$, and with tunable interactions between people in different classes. In an update, a randomly selected group adopts the…
We analyze the accuracy of collective decision-making in socially connected populations, where agents update binary choices through local interactions on a network. Each agent receives a private signal that is biased -- even marginally --…
We consider an agent community wishing to decide on several binary issues by means of issue-by-issue majority voting. For each issue and each agent, one of the two options is better than the other. However, some of the agents may be…
Consider n individuals who, by popular vote, choose among q >= 2 alternatives, one of which is "better" than the others. Assume that each individual votes independently at random, and that the probability of voting for the better…
We generalize a binary majority-vote model on adaptive networks to a plurality-vote counterpart. When opinions are uniformly distributed in the population of voters in the initial state, it is found that having more available opinions in…
A researcher observes a finite sequence of choices made by multiple agents in a binary-state environment. Agents maximize expected utilities that depend on their chosen alternative and the unknown underlying state. Agents learn about the…
We study a model of consensus decision making, in which a finite group of Bayesian agents has to choose between one of two courses of action. Each member of the group has a private and independent signal at his or her disposal, giving some…
Collective decision-making is a process by which a group of individuals determines a shared outcome that shapes societal dynamics; from innovation diffusion to organizational choices. A common approach to model these processes is using…
We propose an agent-based model of collective opinion formation to study the wisdom of crowds under social influence. The opinion of an agent is a continuous positive value, denoting its subjective answer to a factual question. The wisdom…
We study an outcome of a vote in a population of voters exposed to an externally applied bias in favour of one of two potential candidates. The population consists of ordinary individuals, that are in majority and tend to align their…
We expect that democracy enables us to utilize collective intelligence such that our collective decisions build and enhance social welfare, and such that we accept their distributive and normative consequences. Collective decisions are…
We propose and study a stochastic binary opinion model where agents in a group are considered to hold an opinion of 0 or 1 at each moment. An agent in the group updates his/her opinion based on the group's opinion configuration and his/her…
The dynamics of spreading of the minority opinion in public debates (a reform proposal, a behavior change, a military retaliation) is studied using a diffusion reaction model. People move by discrete step on a landscape of random geometry…
The voter model consists of a set of agents whose opinion is a binary variable. At each time step, an agent along with a social neighbor is selected and the agent imitates the social neighbor at the next time step. In this paper, we study a…
We consider a dynamic collective choice problem where a large number of players are cooperatively choosing between multiple destinations while being influenced by the behavior of the group. For example, in a robotic swarm exploring a new…