English, Article, Journal or magazine article edition: The not-preference-based Hoede-Bakker index Agnieszka Rusinowska

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Bookmark: http://trove.nla.gov.au/version/200218
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The not-preference-based Hoede-Bakker index
Author
  • Agnieszka Rusinowska
Physical Description
  • preprint
Notes
  • decisiveness ; failure ; feasible strategy ; Hoede-Bakker index ; success
  • RePEc:hal:journl:halshs-00142482_v1
  • The paper concerns a certain modification of the generalized Hoede-Bakker index - a notion defined for a social network of players. In the original Hoede-Bakker set up, preferences of players are involved. It is assumed that a player has an inclination either to accept or to reject a proposal, but due to the influence of others, his final decision may be different from his original inclination. In this paper, we propose the not-preference-based (NPB) generalized Hoede-Bakker index, where feasible strategies instead of players’ inclinations are considered. We show that if all feasible strategy profiles are equally probable, then the NPB generalized Hoede-Bakker index is a ‘net’ Success, i.e., ‘Success - Failure’, where Success and Failure of a player is defined as the probability that the player is successful and fails, respectively. Moreover, under the assumption of equal probabilities of all feasible strategy profiles, we show that the probability that a player is lucky (Luck) equals the probability that he fails (Failure). Since Success - Luck =​ Decisiveness, it follows that, under the same assumption, the NPB generalized Hoede-Bakker index is equal to the probability that a player is decisive.
  • Hoede-Bakker index, feasible strategy, success, failure, decisiveness
  • RePEc:gat:wpaper:0704
Language
  • English
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