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Several agents, each with his own opinion (probability measure), make decisions in order to maximize their expected utility. A super partes person, ‘the chief', releases information with the goal of maximizing a social expected utility, which is an increasing function of the agents' utilities....
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Important business, public policy, and personal decisions typically involve multiple objectives, which in turn can be represented by multiple attributes, and uncertainty. Assessing both multiattribute utility and multivariate distributions for the attributes can be challenging. Moreover, big...
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We consider k agents who have different subjective probabilities and are utility maximizers. A planner, who knows the beliefs of the agents, maximizes the social expected utility, which is increasing and symmetric in the utilities of the agents. She does that by optimally stopping the flow of...
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