On Information Aggregation and Interim Efficiency in Networks

@article{JimnezMartnez2017OnIA,
  title={On Information Aggregation and Interim Efficiency in Networks},
  author={Antonio Jim{\'e}nez-Mart{\'i}nez},
  journal={Games},
  year={2017},
  volume={8},
  pages={15}
}
  • Antonio Jiménez-Martínez
  • Published in Games 2017
  • Economics, Computer Science
  • This paper considers a population of agents that are engaged in a listening network. The agents wish to match their actions to the true value of some uncertain (exogenous) parameter and to the actions of the other agents. Each agent begins with some initial information about the parameter and, in addition, is able to receive further information from their neighbors in the network. I derive a closed expression for the (interim) social welfare loss that depends on the initial information… CONTINUE READING

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