A natural adaptive process for collective decision-making
成果类型:
Article
署名作者:
Brandl, Florian; Brandt, Felix
署名单位:
University of Bonn; Technical University of Munich
刊物名称:
THEORETICAL ECONOMICS
ISSN/ISSBN:
1933-6837
DOI:
10.3982/TE5380
发表日期:
2024-05-01
页码:
667-703
关键词:
Probabilistic social choice
maximal lotteries
Markov processes
equilibrium learning
evolutionary game theory
C73
D70
摘要:
Consider an urn filled with balls, each labeled with one of several possible collective decisions. Now let a random voter draw two balls from the urn and pick her more preferred as the collective decision. Relabel the losing ball with the collective decision, put both balls back into the urn, and repeat. Once in a while, relabel a randomly drawn ball with a random collective decision. We prove that the empirical distribution of collective decisions produced by this process approximates a maximal lottery, a celebrated probabilistic voting rule proposed by Peter C. Fishburn. In fact, the probability that the collective decision in round n is made according to a maximal lottery increases exponentially in n. The proposed procedure is more flexible than traditional voting rules and bears strong similarities to natural processes studied in biology, physics, and chemistry as well as algorithms proposed in machine learning
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