Sequential decisions with several agents

B-Tier
Journal: Economic Theory
Year: 1998
Volume: 12
Issue: 2
Pages: 371-391

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We consider k agents who have different subjective probabilities and are utility maximizers. A planner, who knows the beliefs of the agents, maximizes the social expected utility, which is increasing and symmetric in the utilities of the agents. She does that by optimally stopping the flow of information released to the agents. The explicit form of the optimal stopping time is given.

Technical Details

RePEc Handle
repec:spr:joecth:v:12:y:1998:i:2:p:371-391
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29