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Heterogeneity Improves Speed and Accuracy in Social Networks

Bhargav Karamched, Megan Stickler, William Ott, Benjamin Lindner, Zachary P. Kilpatrick, and Krešimir Josić
Phys. Rev. Lett. 125, 218302 – Published 16 November 2020
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Abstract

How does temporally structured private and social information shape collective decisions? To address this question we consider a network of rational agents who independently accumulate private evidence that triggers a decision upon reaching a threshold. When seen by the whole network, the first agent’s choice initiates a wave of new decisions; later decisions have less impact. In heterogeneous networks, first decisions are made quickly by impulsive individuals who need little evidence to make a choice but, even when wrong, can reveal the correct options to nearly everyone else. We conclude that groups comprised of diverse individuals can make more efficient decisions than homogenous ones.

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  • Received 11 July 2020
  • Revised 4 September 2020
  • Accepted 24 September 2020

DOI:https://doi.org/10.1103/PhysRevLett.125.218302

© 2020 American Physical Society

Physics Subject Headings (PhySH)

Physics of Living SystemsInterdisciplinary PhysicsNonlinear Dynamics

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How Laggards Help Decision-Making

Published 16 November 2020

Collective decision-making in a social network is better when there are both early adopters and laggards.

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Authors & Affiliations

Bhargav Karamched1,2,*, Megan Stickler3, William Ott3, Benjamin Lindner4,5, Zachary P. Kilpatrick6,†, and Krešimir Josić3,7,‡

  • 1Department of Mathematics, Florida State University, Tallahassee, Florida 32306, USA
  • 2Institute of Molecular Biophysics, Florida State University, Tallahassee, Florida 32306, USA
  • 3Department of Mathematics, University of Houston, Houston, Texas 77004, USA
  • 4Physics Department of Humboldt University Berlin, Newtonstraße 15, 12489 Berlin, Germany
  • 5Bernstein Center for Computational Neuroscience Berlin, Philippstraße 13, Haus 2, 10115 Berlin, Germany
  • 6Department of Applied Mathematics, University of Colorado Boulder, Boulder, Colorado 80309, USA
  • 7Department of Biology and Biochemistry, University of Houston, Houston, Texas 77004, USA

  • *bkaramched@fsu.edu
  • zpkilpat@colorado.edu
  • josic@math.uh.edu

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Issue

Vol. 125, Iss. 21 — 20 November 2020

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