Characterizing social value of information

DOI10.1016/J.JET.2014.12.007MaRDI QIDQ896962zbMATH OpenOpenAlexFDO

Authors Takashi Ui, Yasunori Yoshizawa

Publication date 15 December 2015

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2014.12.007

zbMATH Keywords

Bayesian gameincomplete informationpotential gamevalue of informationteamoptimal information structureprivate signalpublic signal

Mathematics Subject Classification ID

Noncooperative games (91A10) Other game-theoretic models (91A40) Economics of information (91B44)

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Cites work

• A simple example on informativeness and performance
• A two-person game of information transmission
• Aggregation of Information in Large Cournot Markets
• Are people conditionally cooperative? Evidence from a public goods experiment
• Axiomatic characterizations of solutions for Bayesian games
• Duopoly information equilibrium: Cournot and Bertrand
• Efficient Use of Information and Social�Value�of�Information
• Endogenous Information Acquisition in Coordination Games
• Information Acquisition and Welfare
• Information structures in optimal auctions
• Knowing What Others Know: Coordination Motives in Information Acquisition
• On the value of information in a strategic conflict
• Optimal research for Cournot oligopolists
• Positive value of information in games
• Potential games
• Robust predictions in games with incomplete information
• Secret information acquisition in Cournot markets
• Strategic communication networks
• Team Decision Problems
• The positive value of information
• The social value of public information with convex costs of information acquisition
• The social value of public information with costly information acquisition
• The values of information in some nonzero sum games

Cited in

(15)

• The social value of information with an endogenous public signal
• The social value of information on product quality
• The social value of public information with costly information acquisition
• Information, egalitarianism and the value
• Bayesian Nash equilibrium and variational inequalities
• Information acquisition and welfare in network games
• Efficient Use of Information and Social�Value�of�Information
• Cournot competition and the social value of information
• Information, coordination, and market frictions: an introduction
• Computing the value of information in quadratic stochastic decision problems
• Public information and global games with strategic complements and substitutes
• Blackwell's ordering and public information.
• One-leader and multiple-follower Stackelberg games with private information
• The social value of public information with convex costs of information acquisition
• The social value of information and the competition motive: price versus quantity games

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