Large-Scale Decision-Making via Small Group Interactions: the Importance of Triads1

نویسندگان

  • Ashish Goel
  • David T. Lee
چکیده

We study a framework for large-scale decision-making through small group interactions. In this framework, a crowd of participants interact with each other through a sequence of small group interactions, the composition of which are chosen by an algorithm designer, or in some settings, by nature. We consider the problem of finding the wisdom of the crowd, which we take to be the generalized median, in two settings: opinion formation and strategic bargaining. In both cases, we find a significant di↵erence between groups of two and three. When the small groups are of size two, we find that there is no sequence of pairwise interactions which can always converge to a non-trivial approximation of the generalized median so long as the small group interactions satisfy a natural property we call local consistency. This holds even in the simple case when participants come

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تاریخ انتشار 2014