A note on the evaluation of information in zero-sum repeated games
Two players play a zero-sum repeated game with incomplete information. Before the game starts one player receives a private signal that depends on the realized state of nature. The rules that govern the choice of the signal are determined by the information structure of the game. Different information structures induce different values. The value-of-information function of a game associates every information structure with the value it induces. We characterize those functions that are value-of-information functions for some zero-sum repeated game with incomplete information.
Year of publication: |
2010
|
---|---|
Authors: | Lehrer, Ehud ; Rosenberg, Dinah |
Published in: |
Journal of Mathematical Economics. - Elsevier, ISSN 0304-4068. - Vol. 46.2010, 4, p. 393-399
|
Publisher: |
Elsevier |
Subject: | Repeated games Zero-sum games Value-of-information |
Saved in:
Saved in favorites
Similar items by person
-
What restrictions do Bayesian games impose on the value of information?
Lehrer, Ehud, (2006)
-
What restrictions do Bayesian games impose on the value of information?
Lehrer, Ehud, (2003)
-
Garbling of signals and outcome equivalence
Lehrer, Ehud, (2013)
- More ...