Dynamic consistency and ambiguity: A reappraisal

B Hill - Games and Economic Behavior, 2020 - Elsevier
The famous conflict between dynamic consistency and ambiguity purportedly undermines
these models' normative credibility, and challenges their use in economic applications …

Bayesian persuasion in sequential trials

ST Su, VG Subramanian, G Schoenebeck - International Conference on …, 2021 - Springer
We consider a Bayesian persuasion problem where the sender tries to persuade the
receiver to take a particular action via a sequence of signals. This we model by considering …

Hybrid decision model and the ranking of experiments

E Karni, Z Safra - Journal of Mathematical Economics, 2022 - Elsevier
Departing from the reduction of compound lotteries axiom on multi-stage lotteries, this paper
proposes a new hybrid model to analyze decision trees. Applied to multi-stage decision …

Comparing information in general monotone decision problems

Y Kim - Journal of Economic Theory, 2023 - Elsevier
I study the value of information in monotone decision problems with potentially
multidimensional action spaces. As a criterion for comparing information structures, I …

[PDF][PDF] Bayes= Blackwell, Almost

M Whitmeyer - arXiv preprint arXiv:2302.13956, 2023 - arxiv.org
Bayes = Blackwell, Almost arXiv:2302.13956v4 [econ.TH] 19 Oct 2023 Page 1 Bayes =
Blackwell, Almost Mark Whitmeyer ∗ October 20, 2023 Abstract There are updating rules other …

Informativeness orders over ambiguous experiments

Z Wang - Journal of Economic Theory, 2024 - Elsevier
We generalize Blackwell's informativeness order to ambiguous experiments. A decision
maker might view a statistical experiment as ambiguous if she faces uncertainty about the …

Comparisons of ambiguous experiments

F Gensbittel, L Renou, T Tomala - … Paper No. ECO/SCD-2015-1074, 2015 - papers.ssrn.com
Comparisons of Ambiguous Experiments Page 1 Electronic copy available at: http://ssrn.com/abstract=2548502
Comparisons of Ambiguous Experiments Fabien Gensbittel ∗ , Ludovic Renou † & Tristan …

Market Participation and Information Structures under Ambiguity

Y Fujii, Y Hashidate - Available at SSRN 4576945, 2023 - papers.ssrn.com
This study addresses market participation puzzles in terms of ambiguity and information.
Using the decision-theoretic framework under ambiguity, we consider the effects of …

Identify experts through revealed confidence: Application to wisdom of crowds

Y Zhang - 2020 - dspace.mit.edu
We propose our Revealed Confidence (RC) algorithm that improves Wisdom of Crowds
(WoC) by identifying experts from the crowds. We highlight the important distinction between …

Formalizing a Two-Step Decision-Making Process in Land Use: Evidence from Controlling Forest Clearcutting Using Spatial Information

C Jabbour, A Hoayek, JM Salles - Land, 2022 - mdpi.com
In this paper, we examine a particular case of land use pattern: forest management activities
facing an uncertainty related to spatial information signals received. We investigate the …