D 2002

Models of Collective Decision Making

ANDER, Martin

Basic information

Original name

Models of Collective Decision Making

Authors

ANDER, Martin (203 Czech Republic, guarantor)

Edition

Brno, Datastat 01, Folia Fac. Sci. Nat. Univ. Masaryk. Brunensis, Mathematica 11, p. 3-12, 10 pp. 2002

Publisher

Masaryk University

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

10103 Statistics and probability

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Organization unit

Faculty of Science

ISBN

80-210-3028-3

Keywords in English

Decision making; matrix theory; stochastic processes
Změněno: 1/12/2004 10:33, prof. RNDr. Zdeněk Pospíšil, Dr.

Abstract

V originále

Models of collective decision making use apparatus of matrix theory and theory of stochastic processes, especially Markov chains, to simulate a result of collective decision making process. An equilibrium model of that process is developed in this paper. Two versions of the model are presented. Both of them are based on discrete time iterations of a row stochastic leverage matrix, which describe mutual influences by actors in the given policy network. A positive solution for the convergence problem of the model through the classification of states of the finite homogenous Markov chain is shown. The outcome of the empirical test is presented.

Links

MSM 143100001, plan (intention)
Name: Funkcionální diferenciální rovnice a matematicko-statistické modely
Investor: Ministry of Education, Youth and Sports of the CR, Functional-differential equations and mathematical-statistical models