Making Consensus Tractable
Abstract
We study a model of consensus decision making in which a finite group of Bayesian agents has to choose between one of two courses of action. Each member of the group has a private and independent signal at his or her disposal, giving some indication as to which action is optimal. To come to a common decision, the participants perform repeated rounds of voting. In each round, each agent casts a vote in favor of one of the two courses of action, reflecting his or her current belief, and observes the votes of the rest.
Document Details
- Document Type
- Pub Defense Publication
- Publication Date
- Dec 01, 2013
- Source ID
- 10.1145/2542174.2542176
Entities
People
- Elchanan Mossel
- Omer Tamuz
Organizations
- Alfred P. Sloan Foundation
- Bulgarian Science Fund
- Israel Science Foundation
- National Science Foundation Division of Mathematical Sciences
- Office of Naval Research
- University of California, Berkeley
- Weizmann Institute of Science