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On several classes of n-person NTU games that have at least one Shapley NTU value, Aumann characterized this solution by six axioms: Non-emptiness, efficiency, unanimity, scale covariance, conditional additivity, and independence of irrelevant alternatives (IIA). Each of the first five axioms is...
Persistent link: https://www.econbiz.de/10010317127
We study a stochastic model of influence where agents have "yes" or "no" inclinations on some issue, and opinions may change due to mutual influence among the agents. Each agent independently aggregates the opinions of the other agents and possibly herself. We study influence processes modelled...
Persistent link: https://www.econbiz.de/10010313214
The paper presents a survey on selected models of opinion dynamics. Both discrete (more precisely, binary) opinion models as well as continuous opinion models are discussed. We focus on frameworks that assume non-Bayesian updating of opinions. In the survey, a special attention is paid to...
Persistent link: https://www.econbiz.de/10013200063
An interaction system has a finite set of agents that interact pairwise, depending on the current state of the system. Symmetric decomposition of the matrix of interaction coefficients yields the representation of states by self-adjoint matrices and hence a spectral representation. As a result,...
Persistent link: https://www.econbiz.de/10011852714