摘要翻译:
我们发展了一个信息获取的公理理论,它抓住了信息生产中边际成本不变的思想:产生两个独立信号的成本是它们的成本之和,以一半的概率产生一个信号的成本是其原始成本的一半。这些公理与Blackwell单调性和连续性条件一起决定了信号直到参数向量的代价。这些参数有明确的经济解释,决定了区分状态的难度。我们认为,这个成本函数是一个多功能的建模工具,导致比互信息更现实的预测。
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英文标题:
《The cost of information》
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作者:
Luciano Pomatto, Philipp Strack and Omer Tamuz
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最新提交年份:
2020
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分类信息:
一级分类:Economics 经济学
二级分类:Theoretical Economics 理论经济学
分类描述:Includes theoretical contributions to Contract Theory, Decision Theory, Game Theory, General Equilibrium, Growth, Learning and Evolution, Macroeconomics, Market and Mechanism Design, and Social Choice.
包括对契约理论、决策理论、博弈论、一般均衡、增长、学习与进化、宏观经济学、市场与机制设计、社会选择的理论贡献。
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英文摘要:
We develop an axiomatic theory of information acquisition that captures the idea of constant marginal costs in information production: the cost of generating two independent signals is the sum of their costs, and generating a signal with probability half costs half its original cost. Together with Blackwell monotonicity and a continuity condition, these axioms determine the cost of a signal up to a vector of parameters. These parameters have a clear economic interpretation and determine the difficulty of distinguishing states. We argue that this cost function is a versatile modeling tool that leads to more realistic predictions than mutual information.
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PDF链接:
https://arxiv.org/pdf/1812.04211


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