Showing 31 - 40 of 42
In most implementation frameworks, agents care only about the outcome and not at all about the way in which it was obtained. Additionally, typical mechanisms for full implementation involve the complete revelation of all private information to the planner. In this paper I consider the problem of...
Persistent link: https://www.econbiz.de/10010352843
Two players choose whether to cooperate on a project. Each of them is endowed with some evidence, and if both possess a sufficient amount then cooperation is profitable. In order to facilitate cooperation the players reveal evidence to one another. However, some players are concerned about...
Persistent link: https://www.econbiz.de/10010352852
We propose to strengthen Popper's notion of falsifiability by adding the requirement that when an observation is inconsistent with a theory, there must be a short proof of this inconsistency. We model the concept of a short proof using tools from computational complexity, and provide some...
Persistent link: https://www.econbiz.de/10010352863
We propose to strengthen Popper's notion of falsifiability by adding the requirement that when an observation is inconsistent with a theory, there must be a "short proof" of this inconsistency. We model the concept of a short proof using tools from computational complexity, and provide some...
Persistent link: https://www.econbiz.de/10010878550
In most implementation frameworks, agents care only about the outcome and not at all about the way in which it was obtained. Additionally, typical mechanisms for full implementation involve the complete revelation of all private information to the planner. In this paper I consider the problem of...
Persistent link: https://www.econbiz.de/10010631780
Two players choose whether to cooperate on a project. Each of them is endowed with some evidence, and if both possess a sufficient amount then cooperation is profitable. In order to facilitate cooperation the players reveal evidence to one another. However, some players are concerned about...
Persistent link: https://www.econbiz.de/10010713899
Users of social, economic, or medical networks share personal information in exchange for tangible benefits, but may be harmed by leakage and misuse of the shared information. I analyze the effect of enhancing privacy in the presence of two opposing forces: network effects and informational...
Persistent link: https://www.econbiz.de/10012963986
Two players choose whether to coordinate on a project. Each of them is endowed with some information, and if both possess a sufficient amount then coordination is profitable. In order to facilitate coordination the players reveal information to one another. However, some players are concerned...
Persistent link: https://www.econbiz.de/10013102190
A decision maker, whose payoff is influenced by an unknown stochastic process, seeks the advice of an advisor, who may be informed about the process. We establish that there exists a strategy of the decision maker that will yield him an almost first-best payoff in every period when interacting...
Persistent link: https://www.econbiz.de/10013128165
An advisory committee with common values and asymmetric information provides a recommendation to a decision maker facing a binary choice. We investigate the effect of a transparency requirement — making committee members' actions observable — on the committee's ability to influence the...
Persistent link: https://www.econbiz.de/10013011268