Finite-time influence systems and the Wisdom of Crowd effect. Bullo, F., Fagnani, F., & Franci, B. arXiv:1902.03827 [cs], February, 2019. arXiv: 1902.03827
Finite-time influence systems and the Wisdom of Crowd effect [link]Paper  abstract   bibtex   
Recent contributions have studied how an influence system may affect the wisdom of crowd phenomenon. In the so-called na¨ıve learning setting, a crowd of individuals holds opinions that are statistically independent estimates of an unknown parameter; the crowd is wise when the average opinion converges to the true parameter in the limit of infinitely many individuals. Unfortunately, even starting from wise initial opinions, a crowd subject to certain influence systems may lose its wisdom. It is of great interest to characterize when an influence system preserves the crowd wisdom effect.
@article{bullo_finite-time_2019,
	title = {Finite-time influence systems and the {Wisdom} of {Crowd} effect},
	url = {http://arxiv.org/abs/1902.03827},
	abstract = {Recent contributions have studied how an influence system may affect the wisdom of crowd phenomenon. In the so-called na¨ıve learning setting, a crowd of individuals holds opinions that are statistically independent estimates of an unknown parameter; the crowd is wise when the average opinion converges to the true parameter in the limit of infinitely many individuals. Unfortunately, even starting from wise initial opinions, a crowd subject to certain influence systems may lose its wisdom. It is of great interest to characterize when an influence system preserves the crowd wisdom effect.},
	language = {en},
	urldate = {2019-02-25},
	journal = {arXiv:1902.03827 [cs]},
	author = {Bullo, Francesco and Fagnani, Fabio and Franci, Barbara},
	month = feb,
	year = {2019},
	note = {arXiv: 1902.03827},
	keywords = {Computer Science - Systems and Control},
}

Downloads: 0