3 papers
econ.TH2025
The Cost of Optimally Acquired Information
Alexander W. Bloedel, Weijie Zhong
This paper introduces a framework for modeling the cost of information acquisition based on the principle of cost-minimization. We study the reduced-form \emph{indirect cost} of in…
econ.TH2025
Modeling information acquisition: divergences, duality, and discrete choice
Alex Bloedel, Tommaso Denti, Luciano Pomatto
We introduce a new cost function over experiments, f-information, based on the theory of multivariate statistical divergences, that generalizes Sims's classic model of rational ina…
econ.TH2022
Who Controls the Agenda Controls the Polity
S. Nageeb Ali, B. Douglas Bernheim, Alexander W. Bloedel +1
This paper models legislative decision-making with an agenda setter who can propose policies sequentially, tailoring each proposal to the status quo that prevails after prior votes…