English, Article, Journal or magazine article edition: Collective Choice and Mutual Knowledge Structures Diana Richards; Whitman A. Richards; Brendan D. McKay

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Bookmark: http://trove.nla.gov.au/version/69572
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Collective Choice and Mutual Knowledge Structures
Author
  • Diana Richards
  • Whitman A. Richards
  • Brendan D. McKay
Physical Description
  • preprint
Notes
  • An important puzzle in the study of complex systems is the conditions under which the aggregation of information from interacting agents results in a stable or an unstable collective outcome. We present a general framework for thinking about the stability and instability of collective outcomes that focuses on the effects of mutual knowledge. We show that if a complex system of aggregated choice respects a mutual knowledge structure, then the prospects of a stable collective outcome are considerably improved. Our domain-independent results apply to collective choice ranging from perception, where an interpretation of sense data is made by a collection of perceptual modules, to social choice, where a group decision is made from a set of preferences held by individuals.
  • Complex system, stability, collective choice, knowledge structures, cognition
  • RePEc:wop:safire:98-04-032e
Language
  • English
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