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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …