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Found 7 papers, 0 papers with code
Coasian Dynamics under Informational Robustness
Under a simple transformation of the buyer's value distribution, the solution (in the gap case) is payoff-equivalent to a classic environment where the buyer knows her valuation at the beginning.
Algorithm Design: A Fairness-Accuracy Frontier
Whether it is optimal to ban an input generally depends on the designer's preferences.
Monotone additive statistics
The expectation is an example of a descriptive statistic that is monotone with respect to stochastic dominance, and additive for sums of independent random variables.
Background risk and small-stakes risk aversion
We show that under plausible levels of background risk, no theory of choice under risk -- such as expected utility theory, prospect theory, or rank dependent utility -- can simultaneously satisfy the following three economic postulates: (i) Decision makers are risk-averse over small gambles, (ii) they respect stochastic dominance, and (iii) they account for background risk.
Dynamically Aggregating Diverse Information
An agent has access to multiple information sources, each of which provides information about a different attribute of an unknown state.
Overabundant Information and Learning Traps
We develop a model of social learning from overabundant information: Short-lived agents sequentially choose from a large set of (flexibly correlated) information sources for prediction of an unknown state.
Optimal and Myopic Information Acquisition
We consider the problem of optimal dynamic information acquisition from many correlated information sources.
