Information and Intertemporal Choices in Multi-Agent Decision Problems

Information and Intertemporal Choices in Multi-Agent Decision Problems

Psychological evidences of impulsivity and false consensus effect lead results far from rationality. It is shown that impulsivitymodifies the discount function of each individual, and false consensus effect increases the degree of consensus in a multi-agent decision problem. Analyzing them together...

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Bibliographic Details
Main Authors: Mariagrazia Olivieri, Massimo Squillante, Viviana Ventre
Format: Article
Language:English
Published: Accademia Piceno Aprutina dei Velati 2016-12-01
Series:Ratio Mathematica
Subjects:
Consensus, Intertemporal choice, Decisions
Online Access:http://eiris.it/ojs/index.php/ratiomathematica/article/view/316
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spelling doaj-d12dc6441c2a43f4a2ef0e9767e4f2192020-11-24T22:58:09ZengAccademia Piceno Aprutina dei VelatiRatio Mathematica1592-74152282-82142016-12-0131132410.23755/rm.v31i0.316322Information and Intertemporal Choices in Multi-Agent Decision ProblemsMariagrazia Olivieri0Massimo Squillante1Viviana Ventre2University of SannioUniversity of SannioUniversity of SannioPsychological evidences of impulsivity and false consensus effect lead results far from rationality. It is shown that impulsivitymodifies the discount function of each individual, and false consensus effect increases the degree of consensus in a multi-agent decision problem. Analyzing them together we note that in strategic interactions these two human factors involve choices which change equilibriums expected by rational individuals.http://eiris.it/ojs/index.php/ratiomathematica/article/view/316Consensus, Intertemporal choice, Decisions
collection DOAJ
language English
format Article
sources DOAJ
author Mariagrazia Olivieri
Massimo Squillante
Viviana Ventre
spellingShingle Mariagrazia Olivieri
Massimo Squillante
Viviana Ventre
Information and Intertemporal Choices in Multi-Agent Decision Problems
Ratio Mathematica
Consensus, Intertemporal choice, Decisions
author_facet Mariagrazia Olivieri
Massimo Squillante
Viviana Ventre
author_sort Mariagrazia Olivieri
title Information and Intertemporal Choices in Multi-Agent Decision Problems
title_short Information and Intertemporal Choices in Multi-Agent Decision Problems
title_full Information and Intertemporal Choices in Multi-Agent Decision Problems
title_fullStr Information and Intertemporal Choices in Multi-Agent Decision Problems
title_full_unstemmed Information and Intertemporal Choices in Multi-Agent Decision Problems
title_sort information and intertemporal choices in multi-agent decision problems
publisher Accademia Piceno Aprutina dei Velati
series Ratio Mathematica
issn 1592-7415
2282-8214
publishDate 2016-12-01
description Psychological evidences of impulsivity and false consensus effect lead results far from rationality. It is shown that impulsivitymodifies the discount function of each individual, and false consensus effect increases the degree of consensus in a multi-agent decision problem. Analyzing them together we note that in strategic interactions these two human factors involve choices which change equilibriums expected by rational individuals.
topic Consensus, Intertemporal choice, Decisions
url http://eiris.it/ojs/index.php/ratiomathematica/article/view/316
work_keys_str_mv AT mariagraziaolivieri informationandintertemporalchoicesinmultiagentdecisionproblems
AT massimosquillante informationandintertemporalchoicesinmultiagentdecisionproblems
AT vivianaventre informationandintertemporalchoicesinmultiagentdecisionproblems
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