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Interactive Information Design
- Source :
- Mathematics of Operations Research, Mathematics of Operations Research, INFORMS, In press, ⟨10.1287/moor.2020.1119⟩
- Publication Year :
- 2022
- Publisher :
- Institute for Operations Research and the Management Sciences (INFORMS), 2022.
-
Abstract
- We study the interaction between multiple information designers who try to influence the behavior of a set of agents. When the set of messages available to each designer is finite, such games always admit subgame perfect equilibria. When designers produce public information about independent pieces of information, every equilibrium of the direct game (in which the set of messages coincides with the set of states) is an equilibrium with larger (possibly infinite) message sets. The converse is true for a class of Markovian equilibria only. When designers produce information for their own corporation of agents, pure strategy equilibria exist and are characterized via an auxiliary normal form game. In an infinite-horizon multi-period extension of information design games, a feasible outcome which Pareto dominates a more informative equilibrium of the one-period game is supported by an equilibrium of the multi-period game.
- Subjects :
- TheoryofComputation_MISCELLANEOUS
Computer Science::Computer Science and Game Theory
Class (set theory)
Computer science
General Mathematics
Bayesian persuasion
Management Science and Operations Research
Outcome (game theory)
Subgame perfect equilibrium
Strategy
Information design
0502 economics and business
Converse
statistical experiments
050207 economics
050205 econometrics
Mathematics
05 social sciences
Normal-form game
Sharing rules
Pareto principle
TheoryofComputation_GENERAL
Statistical experiments
[SHS.ECO]Humanities and Social Sciences/Economics and Finance
Computer Science Applications
Splitting games
Bayes correlated equilibrium
JEL: C - Mathematical and Quantitative Methods/C.C7 - Game Theory and Bargaining Theory/C.C7.C72 - Noncooperative Games
[SHS.GESTION]Humanities and Social Sciences/Business administration
050206 economic theory
JEL: D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty/D.D8.D82 - Asymmetric and Private Information • Mechanism Design
Mathematical economics
Subjects
Details
- ISSN :
- 15265471 and 0364765X
- Volume :
- 47
- Database :
- OpenAIRE
- Journal :
- Mathematics of Operations Research
- Accession number :
- edsair.doi.dedup.....73e86558aef709de4d74da37e4c75098
- Full Text :
- https://doi.org/10.1287/moor.2020.1119