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An Equilibrium in a Sequence of Decisions with Veto of First Degree

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Computational Collective Intelligence

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 9329))

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Abstract

In this paper we model a sequence of decisions via a simple majority voting game with some players possessing an unconditional or conditional veto. The players vote (yes, no or abstain) on each motion in an infinite sequence, where two rounds of voting take place on each motion. The form of an equilibrium with retaliation is introduced, together with necessary and sufficient conditions for an equilibrium in such a game. A theorem about the form of the equilibrium is proved: given that one veto player abstained in the first round, in the second round of voting on a motion: (1) a veto player should vote for the motion if the value of the j-th motion to the i-th player (measured relative to the status quo) is greater than t 2 , veto if it is less than t 1 and otherwise abstain; (2) a non-veto player should vote for the motion if the value of the j-th motion to the i-th player (measured relative to the status quo) is greater than t 3 and otherwise abstain; (3) the thresholds t 1 , t 2 and t 3 satisfy given conditions.

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Correspondence to Jacek Mercik .

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Ramsey, D., Mercik, J. (2015). An Equilibrium in a Sequence of Decisions with Veto of First Degree. In: Núñez, M., Nguyen, N., Camacho, D., Trawiński, B. (eds) Computational Collective Intelligence. Lecture Notes in Computer Science(), vol 9329. Springer, Cham. https://doi.org/10.1007/978-3-319-24069-5_27

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  • DOI: https://doi.org/10.1007/978-3-319-24069-5_27

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-24068-8

  • Online ISBN: 978-3-319-24069-5

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