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We study decision rules for committees that repeatedly take a binary decision. Committee members are privately informed … structure of repeated decision-making allows for richer decision rules that overcome this inefficiency by making use of …
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a decision maker can obtain, pay attention to, or absorb, via a Markov Decision Process for Information Choice (MIC). An … MIC is a subjective decision process that specifies what type of information about the payoff-relevant state is feasible …
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