Articles liés à The Value Of Information: An analysis in Game Theory

The Value Of Information: An analysis in Game Theory - Couverture souple

Wang, Zhe

 
9783659329005: The Value Of Information: An analysis in Game Theory
Couverture souple
ISBN 10 : 3659329002 ISBN 13 : 9783659329005
Editeur : LAP LAMBERT Academic Publishing, 2013

Synopsis

Information acquisition and information asymmetry are important issues in decision-making as they may have a vital influence on the decision makers' payoffs in the market or other economic situations. The value of information is the main interest in this book. In the first part of this book, the value of information in single-player decision-making games is studied with the proof of Blackwell's Theorem. In the second part, it is extended to a dynamic game of incomplete information involving two players to investigate the conditions for the value of information being positive to the receiver by comparing his expected utility before and after acquiring the information. A signaling game is selected as an example.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Information acquisition and information asymmetry are important issues in decision-making as they may have a vital influence on the decision makers' payoffs in the market or other economic situations. The value of information is the main interest in this book. In the first part of this book, the value of information in single-player decision-making games is studied with the proof of Blackwell's Theorem. In the second part, it is extended to a dynamic game of incomplete information involving two players to investigate the conditions for the value of information being positive to the receiver by comparing his expected utility before and after acquiring the information. A signaling game is selected as an example.

Biographie de l'auteur

I am currently a PhD candidate in Department of Economics, Faculty of Arts and Social Science, National University of Singapore(NUS). I graduated from NUS with Double Honours Degree in Industrial & Systems Engineering and Economics. My research interests are Game Theory and Information Economics.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2013
Langue
anglais
ISBN 10 
3659329002
ISBN 13 
9783659329005
Reliure
Broché
Nombre de pages
52
Coordonnées du fabricant
non disponible
Personne responsable
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