Article ID: | iaor20162316 |
Volume: | 77 |
Issue: | 5 |
Start Page Number: | 895 |
End Page Number: | 913 |
Publication Date: | May 2016 |
Journal: | Automation and Remote Control |
Authors: | Novikov D, Breer V, Rogatkin A |
Keywords: | stochastic processes, decision |
This paper explores the following model of agents’ threshold behavior. Making binary decisions (choosing between ‘activity’ and ‘passivity’), agents consider the choice of other members in a group. We formulate and solve an associated control problem, i.e., the random choice problem for the initial states of some agents in order to vary the number of agents preferring ‘passivity’ in an equilibrium.