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Persistent link: https://www.econbiz.de/10011500622
Bayes correlated equilibria. We identify a partial order on many player information structures (individual sufficiency …
Persistent link: https://www.econbiz.de/10011599575
Bayes correlated equilibria. We identify a partial order on many player information structures (individual sufficiency …
Persistent link: https://www.econbiz.de/10011255267
Bayes correlated equilibria. We identify a partial order on many player information structures (individual sufficiency …
Persistent link: https://www.econbiz.de/10011264835
many player information structures (individual sufficiency) under which more information shrinks the set of Bayes …
Persistent link: https://www.econbiz.de/10010939338
introduce a partial order on many player information structures -- which we call individual sufficiency -- under which more …
Persistent link: https://www.econbiz.de/10010817228
information structures -- which we call individual sufficiency -- under which more information shrinks the set of Bayes correlated …
Persistent link: https://www.econbiz.de/10010895650
A set of players have preferences over a set of outcomes. We consider the problem of an "information designer" who can choose an information structure for the players to serve his ends, but has no ability to change the mechanism (or force the players to make particular action choices). We...
Persistent link: https://www.econbiz.de/10013001526
A set of players have preferences over a set of outcomes. We consider the problem of an "information designer" who can choose an information structure for the players to serve his ends, but has no ability to change the mechanism (or force the players to make particular action choices). We...
Persistent link: https://www.econbiz.de/10013001549
Fixing a game with uncertain payoffs, information design identifies the information structure and equilibrium that maximizes the payoff of an information designer. We show how this perspective unifies existing work, including that on communication in games (Myerson (1991)), Bayesian persuasion...
Persistent link: https://www.econbiz.de/10012960064