Dynamic Information Sharing and Punishment Strategies
نویسندگان
چکیده
In this article, we study the problem of information sharing among rational self-interested agents as a dynamic game asymmetric information. We assume that imperfectly observe Markov chain, and they are called to decide whether will share their noisy observations or not at each time instant. utilize notion conditional mutual information evaluate being shared agents. The challenges arise due interdependence agents’ structure decision making exhibited. For finite horizon game, prove do have incentive contrast, show cooperation can be sustained in infinite-horizon case by devising appropriate punishment strategies, which defined over beliefs on system state. these strategies closed under best-response mapping optimal choice some subsets state belief simplex. characterize equilibrium regions, uniqueness maximal equilibrium region, devise an algorithm for its approximate computation.
منابع مشابه
Innovative information-sharing strategies.
ProMED Many experts, both within and outside government, have warned of the need to improve capabilities for dealing with emerging infectious diseases; development of an effective global infectious disease surveillance system has been the primary recommendation. ProMED, a project of the Federation of American Scientists, was inaugurated in 1993 at a conference in Geneva as a vehicle for develop...
متن کاملInformation Sharing and Dynamic Trading∗
This paper develops a dynamic model of trading with asymmetrically informed traders engaging in (and/or a priori experiencing) information sharing about the long-term value of an asset. We show that in the presence of information sharing, the equilibrium price process is affected by the amount of information shared; trading activity and price volatility both cluster at the end of the trading pe...
متن کاملOptimal Sharing Strategies in Dynamic Games
This paper analyses the dynamic aspects of knowledge sharing in R&D rivalry. In a model where research projects consist of multiple sequential stages, our goal is to explore how the innovators’ incentives to share intermediate research outcomes change with progress and with their relative positions in an R&D race. We consider an uncertain research process, where progress implies a decrease in t...
متن کاملEvaluating Information Sharing Strategies in Supply Chains
This paper evaluates the impact of information sharing strategies on the performance of a supply chain. We consider three forms of information sharing strategies: (1) order information sharing where every stage of the supply chain only knows the orders from its immediate downstream stage; (2) demand information sharing where every stage has full information about the market demand; (3) inventor...
متن کاملStable Strategies for Sharing Information among Agents
Information sharing is important for different goals, such as sharing reputations of sellers among potential buyers, load balancing, solving technical problems, etc. In the short run, providing information as a response to queries is often unbene cial. In the long run, mechanisms that enable bene cial stable strategies for information exchange can be found. This paper presents such mechanisms a...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: IEEE Transactions on Automatic Control
سال: 2022
ISSN: ['0018-9286', '1558-2523', '2334-3303']
DOI: https://doi.org/10.1109/tac.2021.3087652