The Evolution of Certainty in a Small Decision-Making Group by Consensus
Alexandra Gheondea-Eladi ()
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Alexandra Gheondea-Eladi: Academia Română
Group Decision and Negotiation, 2016, vol. 25, issue 1, No 6, 127-155
Abstract:
Abstract We propose a dynamical systems model for approximating the certainty as a function of communication. Uncertainty is measured during a small group decision-making process, in which participants aim to reach consensus. Assuming that the communication is a one-dimensional continuum variable, both first- and second-order differential models of certainty are analyzed, and then, the general model is obtained by superposition. An experiment was organized, and the data have been used to test the model. A detailed discussion on the assumptions of this approach from the decision theory point of view is also included.
Keywords: Subjective certainty; Communication; Group decision-making; Dynamical systems; Evolution of certainty (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:grdene:v:25:y:2016:i:1:d:10.1007_s10726-015-9436-8
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DOI: 10.1007/s10726-015-9436-8
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