2021
DOI: 10.1109/tac.2020.2994284
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Macroscopic Noisy Bounded Confidence Models With Distributed Radical Opinions

Abstract: In this article, we study the nonlinear Fokker-Planck (FP) equation that arises as a mean-field (macroscopic) approximation of bounded confidence opinion dynamics, where opinions are influenced by environmental noises and opinions of radicals (stubborn individuals). The distribution of radical opinions serves as an infinite-dimensional exogenous input to the FP equation, visibly influencing the steady opinion profile. We establish mathematical properties of the FP equation. In particular, we (i) show the well-… Show more

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Cited by 11 publications
(6 citation statements)
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“…In this case, we lose the heterogeneity of beliefs and the behaviour we are trying to study would have a different implication. Moreover, considerable technical machinery is required [ 92 , 93 ]. We could study the pure limiting behaviour as t , n → ∞.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…In this case, we lose the heterogeneity of beliefs and the behaviour we are trying to study would have a different implication. Moreover, considerable technical machinery is required [ 92 , 93 ]. We could study the pure limiting behaviour as t , n → ∞.…”
Section: Discussionmentioning
confidence: 99%
“…Moreover, considerable technical machinery is required [92,93]. We could study the pure limiting behaviour as t, n → ∞.…”
Section: Future Workmentioning
confidence: 99%
“…Modeling the evolution of views in the crowd in order to understand its dynamic characteristics will help such as group decision-making, false news identification, extreme thought account identification, precision marketing and the construction of interpersonal networks that can reach consensus. Researchers adopt a series of models represented by DeGroot [1,2], ising [3,4], bounded confidence model [5,10], voter model [6] and their mean field approximation [7,8,9] to study how viewpoint dynamics causes the phase transition of social system [10,11]. Such work generally follows the paradigm of complex network research, studies the behavior, stability, convergence and equilibrium point of the network under certain dynamic characteristics, and is verified by means of randomly generated network and numerical simulation [12].…”
Section: Related Work and Research Motivationmentioning
confidence: 99%
“…This model mimics the environment an individual investor finds when she manages her investment through the local branch of a bank, where a financial advisor oversees a group of bank's customers. The major advantage that we expect from the adoption of an analytic framework like ABM is that analytic derivations of the properties of the model can be equally used as descriptive and as prescriptive tools, as widely noticed in the literature (Monica and Bergenti 2017;Glass and Glass 2020;Mastroeni et al 2017Mastroeni et al , 2019bVellucci and Zanella 2018;Sharifi Kolarijani et al 2020;Proskurnikov et al 2016;Wang et al 2011;Leitner and Behrens 2014;Leitner et al 2017;Pan 2012;Fatas-Villafranca et al 2011;Hegselmann and Krause 2005;Krause 2020;Xu and Cao 2020;Dacrema and Benati 2020;Steinbacher and Steinbacher 2019).…”
Section: Introductionmentioning
confidence: 99%