COLLECTING INFORMATION TO IMPROVE DECISION-MAKING

Rodica Brânzei, Stef Tijs and Judith Timmer ()
Additional contact information
Rodica Brânzei: Faculty of Computer Science, "Al.I. Cuza" University, 16 Berthelot St., 6600 Iaşi, Romania
Stef Tijs: CentER and Department of Econometrics, Tilburg University, P.O. Box 90153, 5000 LE Tilburg, The Netherlands
Judith Timmer: Faculty of Mathematical Sciences, University of Twente, P. O. Box 217, 7500 AE Enschede, The Netherlands

International Game Theory Review (IGTR), 2001, vol. 03, issue 01, 1-12

Abstract: 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 informants is tackled by constructing an appropriate game, theIC-game corresponding to theIC-situation. It turns out that the cone ofIC-games, given a fixed set of players, coincides with the cone of 0-normalized monotonic games with a veto player. Also special classes of convexIC-games and big bossIC-games are considered, for which more is known about the solution concepts.

JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219198901000300
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:igtrxx:v:03:y:2001:i:01:n:s0219198901000300

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219198901000300

Access Statistics for this article

International Game Theory Review (IGTR) is currently edited by David W K Yeung

More articles in International Game Theory Review (IGTR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().