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Regular version of the site

Tag «decision making»

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Illustration for news: Statistical Physics Can Help Uncover the Impact of Media on Decision Making

Statistical Physics Can Help Uncover the Impact of Media on Decision Making

Students and researchers from HSE University and the Landau Institute for Theoretical Physics have examined the widely known ‘Prisoner’s Dilemma’ game using methods from statistical physics. They used the mean-field concept, a common tool for studying the physics of many-particle systems, to describe human decision-making processes. Researchers suggest that this model may be helpful for understanding systems with many participants. The results of the study are published in the September issue of the Physics Review Research journal.