AbstractIn joint decision making, people with common goals and similar preferences often take drastically opposing positions. In some cases, arbitrarily small discrepancies in preferences result in arbitrarily large losses in utility for all participants. An understanding of the properties of polarization may help game players and mechanism designers avoid its pitfalls.
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Bibliographic InfoPaper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1266.
Date of creation: Jul 1999
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Postal: Center for Mathematical Studies in Economics and Management Science, Northwestern University, 580 Jacobs Center, 2001 Sheridan Road, Evanston, IL 60208-2014
Web page: http://www.kellogg.northwestern.edu/research/math/
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