Consensus Moderation System

Andrei Toma ()

Informatica Economica, 2011, vol. 15, issue 3, 153-162

Abstract: The present paper formulates a consensus moderation system based on the negotiation of the actors involved. There are a series of steps in the moderation process, the first of which is constructing a front of Pareto optimal solutions. Since this in itself will likely not lead to consensus in a real life scenario, Kaldor-Hicks compromises are then detected. Compromises are recommended at every iteration of the negotiation process which can lead to a lengthy negotiation time, which is addressed by using a recommendation engine based on the previous behavior of the actor.

Keywords: Pareto Optimality; Kaldor-Hicks Compromises; Consensus Model; Consensus Moderation (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aes:infoec:v:15:y:2011:i:3:p:153-162

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