Analytical Expression of the Expected Values of Capital at Voting in the Stochastic Environment
نویسنده
چکیده
In the simplest variant of the model of collective decision making in the stochastic environment, the participants were segregated into egoists and a group of collectivists. “Proposal of the environment” is the stochastically generated vector of algebraic increments of capitals. The social dynamics was defined by the sequence of proposals accepted by threshold-majority voting. Analytical expressions of the expected values of the capitals of participants, collectivists and egoists were obtained. Distinctions of some principles of group voting were discussed. PACS numbers: 89.65.-s, 89.65.Ef DOI: 10.1134/S000511790603012X
منابع مشابه
Decision making in forest management with consideration of stochastic prices
The optimal harvesting policy is calculated as a function of the entering stock, the price state, the harvesting cost, and the rate of interest in the capital market. In order to determine the optimal harvest schedule, the growth function and stumpage price process are estimated for the Swedish mixed species forests. The stumpage price is assumed to follow a stochastic Markov process. A stoch...
متن کاملAn integrated vendor–buyer model with stochastic demand, lot-size dependent lead-time and learning in production
In this article, an imperfect vendor–buyer inventory system with stochastic demand, process quality control and learning in production is investigated. It is assumed that there are learning in production and investment for process quality improvement at the vendor’s end, and lot-size dependent lead-time at the buyer’s end. The lead-time for the first batch and those for the rest of the batches ...
متن کاملAppropriate Labor income and Capital gain tax rates functions extraction based on Overlapping Generation Models: Dynamic Stochastic General Equilibrium (DSGE) approach
In this study, using the overlapping generation (OLG (model and the Stochastic Dynamic General Equilibrium (DSGE) approach, the optimal form of labor income tax rate and capital income tax functions is extracted for the economy of Iran using annual time series data during 1357 to 1397. The results of comparing the calibration and simulation of the designed model show that the optimal functions ...
متن کاملApplication of Gene Expression Programming to water dissolved oxygen concentration prediction
This research based on record and collected data from four stations at Eymir Lake, Turkey, which are monitored daily in seven months. Water quality monitoring using former methods are time-needed and expensive, while the application of gene expression programming is more understandable, rapid, and reliable which is used in this article to provide a prediction for dissolved oxygen. The concentra...
متن کاملStochastic Decision Making in Manufacturing Environments
Decision making plays an important role in economics, psychology, philosophy, mathematics, statistics and many other fields. In each field, decision making consists of identifying the values, uncertainties and other issues that define the decision. In any field, the nature of the decisions is affected by environmental characteristics. In this paper, we are considered the production planning pro...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- CoRR
دوره abs/0902.4514 شماره
صفحات -
تاریخ انتشار 2005