Abstract:The broad purpose of this research was the investigation of the relationship between decision-making success and the likelihood of being voted "leader" (group decision maker) of a 3-man group. Markov models, based on extensions of concepts used in mathematical learning theory, provided the theoretical framework. Each trial of the experiment began with the selection of a leader by group vote, and ended after the designated leader made a decision for the group. Obtained and predicted results were compared for vo… Show more
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