The Value of Information in Zero-Sum Games

Olivier Gossner () and Jean-François Mertens
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Olivier Gossner: CNRS CREST, Institut Polytechnique de Paris and Department of Mathematics, London School of Economics

No 2020-19, Working Papers from Center for Research in Economics and Statistics

Abstract: We study the description and value of information in zero-sum games. We define a series of informational relations between information schemes, and show that informational equivalence classes are captured by canonical information structures. Moreover, two information schemes induce the same value in every game if and only if they are informationally equivalent.

Pages: 33 pages
Date: 2020-07-06
New Economics Papers: this item is included in nep-gth and nep-mic
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Citations: View citations in EconPapers (2)

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