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Several agents, each with his own opinion (probability measure), make decisions in order to maximize their expected utility. A super partes person, ‘the chief', releases information with the goal of maximizing a social expected utility, which is an increasing function of the agents' utilities....
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We exhibit a general class of interactive decision situations in which all the agents benefit from more information. This class includes as a special case the classical comparison of statistical experiments à la Blackwell
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We exhibit a general class of interactive decision situations in which all the agents benefit from more information. This class includes as a special case the classical comparison of statistical experiments a la Blackwell.
Persistent link: https://www.econbiz.de/10005427048
We exhibit a general class of interactive decision situations in which all the agents benefit from more information. This class includes as a special case the classical comparison of statistical experiments `a la Blackwell. More specifically, we consider pairs consisting of a game with...
Persistent link: https://www.econbiz.de/10005596288
We exhibit a general class of interactive decision situations in which all the agents benefit from more information. This class includes as a special case the classical comparison of statistical experiments à la Blackwell. Copyright Springer-Verlag 2003
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