Kinetic models of collective decision-making in the presence of equality bias

DOI10.1016/J.PHYSA.2016.10.003MaRDI QIDQ1620233zbMATH OpenOpenAlexFDO

Authors Lorenzo Pareschi, Pierluigi Vellucci, M. Zanella

Publication date 13 November 2018

Published in Physica A (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1606.05674

zbMATH Keywords

collective behaviordecision dynamicskinetic equationsMonte Carlo methodsopinion formation

Mathematics Subject Classification ID

Decision theory (91B06)

Abstract: We introduce and discuss kinetic models describing the influence of the competence in the evolution of decisions in a multi-agent system. The original exchange mechanism, which is based on the human tendency to compromise and change opinion through self-thinking, is here modified to include the role of the agents' competence. In particular, we take into account the agents' tendency to behave in the same way as if they were as good, or as bad, as their partner: the so-called equality bias. This occurred in a situation where a wide gap separated the competence of group members. We discuss the main properties of the kinetic models and numerically investigate some examples of collective decision under the influence of the equality bias. The results confirm that the equality bias leads the group to suboptimal decisions.

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Cited in

(19)

• Microscopic modeling and analysis of collective decision making: equality bias leads suboptimal solutions
• Structure preserving stochastic Galerkin methods for Fokker-Planck equations with background interactions
• Boltzmann games in heterogeneous consensus dynamics
• Optimal control about multi-agent wealth exchange and decision-making competence
• From agent-based models to the macroscopic description of fake-news spread: the role of competence in data-driven applications
• Multigroup-like MC resolution of generalised polynomial chaos reduced models of the uncertain linear Boltzmann equation (+discussion on hybrid intrusive/non-intrusive uncertainty propagation)
• Efficient uncertain \(k_{\mathrm{eff}}\) computations with the Monte Carlo resolution of generalised polynomial chaos based reduced models
• Hydrodynamic models of preference formation in multi-agent societies
• On the linear discrepancy model and risky shifts in group behavior: a nonlinear Fokker–Planck perspective
• Hybrid stochastic kinetic description of two-dimensional traffic dynamics
• Numerical Analysis of the Monte-Carlo Noise for the Resolution of the Deterministic and Uncertain Linear Boltzmann Equation (Comparison of Non-Intrusive gPC and MC-gPC)
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• Breaking consensus in kinetic opinion formation models on graphons
• Optimal control of multiagent decision-making based on competence evolution
• A nonconservative kinetic framework under the action of an external force field: theoretical results with application inspired to ecology
• The influence of leaders on the evolution of investment decisions
• The influence of knowledge level on the proportion of wealth in the stock market
• The evolution and optimization control of collective decision-making with opinion preferences on social networks
• Opinion dynamics over complex networks: kinetic modelling and numerical methods

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