The Value of Information in Strictly Competitive Situations

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/176 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/176 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/176 archive 351 disk0/00/00/01/93 2016-01-15 01:41:11 2021-08-27 17:07:36 2016-01-15 01:41:11 monograph show 2 Ponssard J.-P. AL1109 The Value of Information in Strictly Competitive Situations pub iis_met prog_sds In this paper a game theoretic model is used to extend information value theory, as developed in decision analysis, to competitive situations. One of the main differences between competitive and noncompetitive situations is that part of the environment (namely the competitors) may be modified as a result of experimentation in another part of the environment (nature). Hence, states of the world and actions may no more be independent. Nevertheless, we shall show how the classical concept may be generalized to cover strictly competitive situations. 1974-06 published RM-74-011 RM-74-011 10 2301 public research_memorandum IIASA, Laxenburg, Austria 21 FALSE info:eu-repo/semantics/book