Gensbittel, Fabien; Pęski, Marcin; Renault, Jérôme - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 3, pp. 1225-1267
We define the distance between two information structures as the largest possible difference in value across all zero … information in games versus single-agent problems, the value of additional information, informational substitutes, complements, or … joint information. The convergence to a countable information structure under value-based distance is equivalent to the weak …