EconPapers    
Economics at your fingertips  
 

Dynamically Aggregating Diverse Information

Annie Liang, Xiaosheng Mu and Vasilis Syrgkanis

Papers from arXiv.org

Abstract: An agent has access to multiple information sources, each of which provides information about a different attribute of an unknown state. Information is acquired continuously\textemdash where the agent chooses both which sources to sample from, and also how to allocate attention across them\textemdash until an endogenously chosen time, at which point a decision is taken. We provide an exact characterization of the optimal information acquisition strategy for settings where the attributes are not too strongly correlated. We then apply this characterization to derive new results regarding: (1) endogenous information acquisition for binary choice, and (2) strategic information provision by competing news sources.

Date: 2019-10, Revised 2020-07
New Economics Papers: this item is included in nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://arxiv.org/pdf/1910.07015 Latest version (application/pdf)

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:arx:papers:1910.07015

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().

 
Page updated 2020-10-10
Handle: RePEc:arx:papers:1910.07015