ON REACHING A CONSENSUS USING DEGROOT ITERATIVE POOLING
成果类型:
Article
署名作者:
GILARDONI, GL; CLAYTON, MK
署名单位:
University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of Wisconsin System; University of Wisconsin Madison
刊物名称:
ANNALS OF STATISTICS
ISSN/ISSBN:
0090-5364
DOI:
10.1214/aos/1176349032
发表日期:
1993
页码:
391-401
关键词:
opinion
摘要:
We consider a group of k experts each having a subjective probability distribution for a parameter theta. If the members of the group are allowed to know the others' opinions and they appreciate the others' skills, it is likely that each expert will modify his distribution to account for this new information. This process can be continued indefinitely leading to an iterative pooling process. The main issue is whether the experts' distributions will converge towards a common limit or consensus. Several authors have considered this iterative process when the experts' distributions at a given stage are linear opinion pools of the distributions at the previous stage. In this paper we extend the model for the specific case where the experts use logarithmic opinion pools and, more broadly, for pools in a wide class that generalizes both the linear and the logarithmic pools. It is shown that the consensus properties in the logarithmic pool case are essentially the same as in the linear pool case, and that this fact uniquely characterizes both pools in the wide class mentioned above.