scholarly journals The Weapon of the Weak: An Analysis of RDEU Game in the Conflict of Farmland Expropriation under the Influence of Emotion

2020 ◽  
Vol 12 (8) ◽  
pp. 3367 ◽  
Author(s):  
Kairong Hong ◽  
Yucheng Zou ◽  
Yanwei Zhang ◽  
Kaifeng Duan

During land expropriation, it is difficult to form a real antagonistic relationship between farmers and the local Government due to disparities, which means the confrontations between them are difficult to administer. The confrontation between both parties could lead to the distortion of the farmers’ resisting logic, who are supposed to be in a vulnerable position. Hence, the farmers are not necessarily in a weak position; sometimes, they even have advantages compared with the local governments. Through the combination of Quiggin’s rank-based expected utility theory and evolutionary game theory, this paper constructs a conflict-induced game mechanism Rank-Dependent Expected Utility Theory (RDEU) evolutionary game model and discusses the evolution law of strategic behavior of land-expropriated farmers and local governments under the influence of emotion. The software simulation results show that when the farmers at the weak side think that the probability of the government adopting the strong strategy is higher than a certain cut-off point, the farmers will use the weapon of the weak to release the signal that endangers the order and force the government to adopt a compromise strategy by utilizing authoritative preference for stability. Through the interaction of heterogeneous beliefs between farmers and the government, the game of land expropriation will form an evolutionary stable equilibrium.

Risks ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 72
Author(s):  
Oleg Uzhga-Rebrov ◽  
Peter Grabusts

Choosing solutions under risk and uncertainty requires the consideration of several factors. One of the main factors in choosing a solution is modeling the decision maker’s attitude to risk. The expected utility theory was the first approach that allowed to correctly model various nuances of the attitude to risk. Further research in this area has led to the emergence of even more effective approaches to solving this problem. Currently, the most developed theory of choice with respect to decisions under risk conditions is the cumulative prospect theory. This paper presents the development history of various extensions of the original expected utility theory, and the analysis of the main properties of the cumulative prospect theory. The main result of this work is a fuzzy version of the prospect theory, which allows handling fuzzy values of the decisions (prospects). The paper presents the theoretical foundations of the proposed version, an illustrative practical example, and conclusions based on the results obtained.


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