100 citations · 143 across the 8 of their papers we have counts for
5 papers · 1 filter
Enhanced or distorted wisdom of crowds? An agent-based model of opinion formation under social influence
Pavlin Mavrodiev, Frank Schweitzer
We propose an agent-based model of collective opinion formation to study the wisdom of crowds under social influence. The opinion of an agent is a continuous positive value, denoti…
The ambiguous role of social influence on the wisdom of crowds: An analytic approach
Pavlin Mavrodiev, Frank Schweitzer
"Wisdom of crowds" refers to the phenomenon that the average opinion of a group of individuals on a given question can be very close to the true answer. It requires a large group d…
The digital traces of bubbles: feedback cycles between socio-economic signals in the Bitcoin economy
David Garcia, Claudio Juan Tessone, Pavlin Mavrodiev +1
What is the role of social interactions in the creation of price bubbles? Answering this question requires obtaining collective behavioural traces generated by the activity of a la…
Quantifying the effects of social influence
Pavlin Mavrodiev, Claudio J. Tessone, Frank Schweitzer
How do humans respond to indirect social influence when making decisions? We analysed an experiment where subjects had to repeatedly guess the correct answer to factual questions,…
How can social herding enhance cooperation?
Frank Schweitzer, Pavlin Mavrodiev, Claudio J. Tessone
We study a system in which N agents have to decide between two strategies θ_i (i \in 1... N), for defection or cooperation, when interacting with other n agents (either spatial nei…