Consensus group decision making under model uncertainty with a view towards environmental policy making

التفاصيل البيبلوغرافية
العنوان: Consensus group decision making under model uncertainty with a view towards environmental policy making
المؤلفون: Koundouri, Phoebe, Papayiannis, Georgios I., Petracou, Electra V., Yannacopoulos, Athanasios N.
المصدر: Environmental and Resource Economics, 2024
سنة النشر: 2023
المجموعة: Computer Science
Mathematics
Quantitative Finance
مصطلحات موضوعية: Computer Science - Multiagent Systems, Economics - General Economics, Mathematics - Optimization and Control, 91B08, 91B10, 91B43, 91B69, 91B76
الوصف: In this paper we propose a consensus group decision making scheme under model uncertainty consisting of an iterative two-stage procedure and based on the concept of Fr\'echet barycenter. Each step consists of two stages: the agents first update their position in the opinion metric space by a local barycenter characterized by the agents' immediate interactions and then a moderator makes a proposal in terms of a global barycenter, checking for consensus at each step. In cases of large heterogeneous groups the procedure can be complemented by an auxiliary initial homogenization step, consisting of a clustering procedure in opinion space, leading to large homogeneous groups for which the aforementioned procedure will be applied. The scheme is illustrated in examples motivated from environmental economics.
Comment: 31 pages, 5 figures
نوع الوثيقة: Working Paper
DOI: 10.1007/s10640-024-00846-1
URL الوصول: http://arxiv.org/abs/2312.00436
رقم الأكسشن: edsarx.2312.00436
قاعدة البيانات: arXiv
الوصف
DOI:10.1007/s10640-024-00846-1