What restrictions do Bayesian games impose on the value of information?

被引：14

作者：

Lehrer, Ehud ^{[1
]}

Rosenberg, Dinah

机构：

[1] Tel Aviv Univ, Sch Math Sci, IL-69978 Tel Aviv, Israel

[2] Univ Paris 13, LAGA Inst Galilee, F-93430 Villetaneuse, France

[3] Ecole Polytech, Lab Econometr, F-75230 Paris, France

来源：

JOURNAL OF MATHEMATICAL ECONOMICS | 2006年 / 42卷 / 03期

基金：

以色列科学基金会;

关键词：

Bayesian games; information structure; symmetric information; one-sided information; value-of-information function;

D O I：

10.1016/j.jmateco.2005.09.002

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In a Bayesian game players play an unknown game. Before the game starts some players may receive a signal regarding the specific game actually played. Typically, information structures that determine different signals, induce different equilibrium payoffs. In two-person zero-sum games the equilibrium payoff measures the value of the particular information structure which induces it. We pose a question as to what restrictions Bayesian games impose on the value of information. We provide answers for two kinds of information structures: symmetric, where both players are equally informed, and one-sided, where only one player is informed. (c) 2006 Elsevier B.V. All rights reserved.

引用

页码：343 / 357

页数：15

共 29 条

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