ANDER, Martin. Models of Collective Decision Making. In Datastat 01, Folia Fac. Sci. Nat. Univ. Masaryk. Brunensis, Mathematica 11. Brno: Masaryk University, 2002, p. 3-12. ISBN 80-210-3028-3.
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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
Original language English
Type of outcome Proceedings paper
Field of Study 10103 Statistics and probability
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Organization unit Faculty of Science
ISBN 80-210-3028-3
Keywords in English Decision making; matrix theory; stochastic processes
Tags decision making, matrix theory, stochastic processes
Changed by Changed by: prof. RNDr. Zdeněk Pospíšil, Dr., učo 707. Changed: 1/12/2004 10:33.
Abstract
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
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