Coalitional game with opinion exchange

09/05/2017
by   Bomin Jiang, et al.
0

In coalitional games, traditional coalitional game theory does not apply if different participants hold different opinions about the payoff function that corresponds to each subset of the coalition. In this paper, we propose a framework in which players can exchange opinions about their views of payoff functions and then decide the distribution of the value of the grand coalition. When all players are truth-telling, the problem of opinion consensus is decoupled from the coalitional game, but interesting dynamics will arise when players are strategic in the consensus phase. Assuming that all players are rational, the model implies that, if influential players are risk-averse, an efficient fusion of the distributed data is achieved at pure strategy Nash equilibrium, meaning that the average opinion will not drift. Also, without the assumption that all players are rational, each player can use an algorithmic R-learning process, which gives the same result as the pure strategy Nash equilibrium with rational players.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
09/22/2016

Strategic Seeding of Rival Opinions

We present a network influence game that models players strategically se...
research
07/12/2021

Consensus as a Nash Equilibrium of a stochastic differential game

In this paper a consensus has been constructed in a social network which...
research
06/29/2017

Rational Trust Modeling

Trust models are widely used in various computer science disciplines. Th...
research
02/28/2023

The Contest Game for Crowdsourcing Reviews

We consider a contest game modelling a contest where reviews for m propo...
research
11/17/2020

Allocating marketing resources over social networks: A long-term analysis

In this paper, we consider a network of consumers who are under the comb...
research
10/18/2021

DE-RSTC: A rational secure two-party computation protocol based on direction entropy

Rational secure multi-party computation (RSMC) means two or more rationa...
research
05/20/2020

Rational Consensus

We provide a game-theoretic analysis of consensus, assuming that process...

Please sign up or login with your details

Forgot password? Click here to reset