Information aggregation in a beauty contest game

@article{Eksin2014InformationAI,
  title={Information aggregation in a beauty contest game},
  author={Ceyhun Eksin and Pooya Molavi and Alejandro Ribeiro and Ali Jadbabaie},
  journal={2014 IEEE International Conference on Acoustics, Speech and Signal Processing (ICASSP)},
  year={2014},
  pages={4783-4787}
}
We consider a repeated game in which a team of agents share a common, but only partially known, task. The team also has the goal to coordinate while completing the task. This creates a trade-off between estimating the task and coordinating with others reminiscent of the kind of trade-off exemplified by the Keynesian beauty contest game. The agents thus can… CONTINUE READING