Comment on “The Law of Large Demand for Information”

S-Tier
Journal: Econometrica
Year: 2014
Volume: 82
Issue: 1
Pages: 415-423

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Say that one information structure is eventually Blackwell sufficient for another if, for every large enough n, an n‐sample from the first is Blackwell sufficient (Blackwell (1951, 1954)) for an n‐sample from the second. This note shows that eventual Blackwell sufficiency lies strictly between (one‐shot) Blackwell sufficiency and the ordering of information structures formulated by Moscarini and Smith (2002), and thus offers a new criterion for comparing experiments. A characterization of eventual Blackwell sufficiency in terms of the one‐shot experiments remains an open question.

Technical Details

RePEc Handle
repec:wly:emetrp:v:82:y:2014:i:1:p:415-423
Journal Field
General
Author Count
1
Added to Database
2026-01-24