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A canonical procedure is described, which associates to each infinite information collecting situation a related information collecting situation with finite state and action spaces, in such a way that the two corresponding IC-games are near to each other.Compensations for informants are then...
Persistent link: https://www.econbiz.de/10011091076
Relations are established between information sharing (IS) situations and IS-games on one hand and information collecting (IC) situations and IC-games on the other hand. It is shown that IC-games can be obtained as convex combinations of so-called local games. Properties are described which...
Persistent link: https://www.econbiz.de/10011091699
How to compensate people who provide relevant information to a decision-maker who faces uncertainty?This paper suggests some compensation rules.These are studied both in a cooperative and a noncooperative environment.
Persistent link: https://www.econbiz.de/10011092736
In this paper we consider information collecting (IC) situations where an action taker in an uncertain situation can improve his action choices by gathering information from some players who are more informed about the situation. Then the problem of sharing the gains when cooperating with...
Persistent link: https://www.econbiz.de/10011092881
Informationally Robust Equilibria (IRE) are introduced in Robson (1994) as a refinement of Nash equilibria for e.g. bimatrix games, i.e. mixed extensions of two person finite games.Similar to the concept of perfect equilibria, basically the idea is that an IRE is a limit of some sequence of...
Persistent link: https://www.econbiz.de/10011090474
AMS classifications: 90D12, 90B05.
Persistent link: https://www.econbiz.de/10011090632
The value of information has been the subject of many studies in a strategic context.The central question in these studies is how valuable the information hidden in the chance moves of a game is for one or more of the players.Generally speaking, only the extra possibilities that are beneficial...
Persistent link: https://www.econbiz.de/10011091345
Covert organizations are constantly faced with a tradeoff between secrecy and operational efficiency. Lindelauf, Borm and Hamers (2008) developed a theoretical framework to deter- mine optimal homogeneous networks taking the above mentioned considerations explicitly into account. In this paper...
Persistent link: https://www.econbiz.de/10011091539
In order to be able to devise successful strategies for destabilizing terrorist organizations it is vital to recognize and understand their structural properties. This paper deals with the opti- mal communication structure of terrorist organizations when considering the tradeoff between secrecy...
Persistent link: https://www.econbiz.de/10011092758
In this paper we compare three methods for the determination of the reorder point s in an (R; s; Q) inventory model subject to a service level constraint. The three methods di er in the modelling assumptions of the demand process which in turn leads to three di erent approximations for the...
Persistent link: https://www.econbiz.de/10011090290