2 papers
math.OC2021
Value-Based Distance Between Information Structures
Fabien Gensbittel, Marcin Peski, Jérôme Renault
We define the distance between two information structures as the largest possible difference in value across all zero-sum games. We provide a tractable characterization of distance…
math.OC2019
The Large Space of Information Structures
Fabien Gensbittel, Marcin Peski, Jérôme Renault
We revisit the question of modeling incomplete information among 2 Bayesian players, following an ex-ante approach based on values of zero-sum games. being the finite set of po…