Essays on Information Transmission Under Uncertainty

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Publisher :
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Essays on Information Transmission Under Uncertainty by : Garth Saloner

Download or read book Essays on Information Transmission Under Uncertainty written by Garth Saloner and published by . This book was released on 1982 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays in Honor of Kenneth J. Arrow: Volume 3, Uncertainty, Information, and Communication

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Publisher : Cambridge University Press
ISBN 13 : 9780521327046
Total Pages : 316 pages
Book Rating : 4.3/5 (27 download)

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Book Synopsis Essays in Honor of Kenneth J. Arrow: Volume 3, Uncertainty, Information, and Communication by : Walter P. Heller

Download or read book Essays in Honor of Kenneth J. Arrow: Volume 3, Uncertainty, Information, and Communication written by Walter P. Heller and published by Cambridge University Press. This book was released on 1986-09-26 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third in a series of volumes published in honour of Professor Kenneth J. Arrow, each covering a different area of economic theory.

Game-Theoretic Models of Bargaining

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Publisher : Cambridge University Press
ISBN 13 : 0521267579
Total Pages : 402 pages
Book Rating : 4.5/5 (212 download)

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Book Synopsis Game-Theoretic Models of Bargaining by : Alvin E. Roth

Download or read book Game-Theoretic Models of Bargaining written by Alvin E. Roth and published by Cambridge University Press. This book was released on 1985-11-29 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive picture of the new developments in bargaining theory.

Essays on Strategic Information Transmission

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Publisher :
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.:/5 (126 download)

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Book Synopsis Essays on Strategic Information Transmission by : Peicong Hu

Download or read book Essays on Strategic Information Transmission written by Peicong Hu and published by . This book was released on 2021 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dissertation studies several topics about strategic information transmission, in particular, how the outcome is influenced by cognitive capacity and communication cost; and how a decision maker should organize the procedure of requesting advice from multiple experts. In Chapter 1, I analyze how a principal should influence an agent's incentive in processing information about multiple issues when they have conflict about relative importance. I show that because it is costly for the agent to process information, it is not necessarily beneficial for the principal to provide a higher reward for better quality of information processed (even when rewards do not involve payout from the principal) or to request the agent to process more information. I characterize when the benefit of more attention induced by a higher reward or more information available would be dominated by the cost of attention distortion, and show that the result is not monotonic in the agent's cost of attention and the relevance between issues. In Chapter 2, we consider a manager's problem about requesting support from multiple experts to implement one (of many) projects. The game in which the manager consults experts simultaneously typically has multiple equilibria, including one in which the manager's favorite project is supported by some expert. In the leading case, we show that only one equilibrium outcome survives iterative deletion of weakly dominated strategies which is the experts' most preferred equilibrium. We identify sequential procedures that perform equally well as this equilibrium from the manager's perspective. In Chapter 3, we study a voluntary disclosure game in which a firm discloses a signal about the future cash flow subject to proprietary costs or uncertainty about signal endowment, and rationally inattentive investors allocate their attention to disclosures. We find that for low levels of attention, more attention facilitates communication and increases disclosure; for high levels of attention, more attention better identifies, and therefore deters, unfavorable disclosure. In Chapter 4, we examine the impact of a sender's communication cost on information transmission by introducing cost to the cheap talk model. We show that the sender's cost, imprecision of his signal, and disagreement over actions between players could lead to better communication outcomes. A moderate cost makes the sender's message more credible to the receiver, while less signal precision or more disagreement motivates the sender to provide more information.

Essays in Information Economics

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Publisher :
ISBN 13 :
Total Pages : 210 pages
Book Rating : 4.:/5 (34 download)

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Book Synopsis Essays in Information Economics by : Kristof Pal Madarasz

Download or read book Essays in Information Economics written by Kristof Pal Madarasz and published by . This book was released on 2008 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays in Post-Critical Philosophy of Technology

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Publisher : Vernon Press
ISBN 13 : 162273565X
Total Pages : 170 pages
Book Rating : 4.6/5 (227 download)

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Book Synopsis Essays in Post-Critical Philosophy of Technology by : Mihály Héder

Download or read book Essays in Post-Critical Philosophy of Technology written by Mihály Héder and published by Vernon Press. This book was released on 2019-06-06 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology, in all its forms, has had and continues to have an indisputable impact on society and culture. Philosophy of technology seeks to understand this impact and the meaning of technology for society and culture. Although its origins can be traced back to the Greeks, it wasn’t until the late 19th century to the beginning of the 20th century that it gained ground as a philosophical discipline. Now more than ever it is considered an essential philosophical enterprise. ‘The Budapest Workshop on Philosophy of Technology’ was a lively and successful event that sought to discuss, reflect on and apply this branch of philosophical inquiry to both historical and contemporary examples. Importantly, the contributors’ methodological approaches were influenced by, although not limited to, Michael Polanyi’s term ‘post-critical’. Moving beyond the rigidity of past approaches, the selected essays were driven by two lines of inquiry, what has been the historical role of technology in social and scientific change? And, how can a ‘post-critical’ approach enhance and extend our understanding of philosophy of technology? This edited volume begins by exploring the role of technology in social and scientific developments from a historical perspective, before moving towards a discussion of philosophy of technology from a ‘Post-Critical’ epistemic stance. Free from the constraints of previous methodologies, the third part of this work engages with the term ‘Post-Critical’ in its broadest sense. The contributors to this section consider the phenomenology of the body and the influence of technology on our lives. Finally, the four concluding chapters of this book apply this philosophical approach to a wide range of contemporary problems from Decision Support Systems to Crisis Communication.

Essays on the Theory of Organization and Information Transmission

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Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Essays on the Theory of Organization and Information Transmission by : Sergei Severinov

Download or read book Essays on the Theory of Organization and Information Transmission written by Sergei Severinov and published by . This book was released on 1998 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Strategy and Public Health

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Publisher : Springer Nature
ISBN 13 : 3030835782
Total Pages : 242 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Essays on Strategy and Public Health by : Rodrick Wallace

Download or read book Essays on Strategy and Public Health written by Rodrick Wallace and published by Springer Nature. This book was released on 2022-04-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of essays that explore commonalities and contrasts between strategy in armed conflict and strategy in public health. The first part uses the asymptotic limit theorems of information and control theories to study strategy as an exchange of messages between adversaries, in the context of underlying power relations. The ‘messages’ to be exchanged are constructed from an ‘alphabet’ of tactics available to each contender, in a large sense. The second part of the book explores four case histories from this perspective, ranging across agribusiness-generated pandemics, through tuberculosis and COVID-19. The final chapter attempts a strategic synthesis applicable more specifically to public health than to the remarkably – and disturbingly -- close parallel of armed conflict. Taking a unique approach to public health tactics and strategy this volume will be of interest to social epidemiologists, public health economists, public policy scientists, as well as public health researchers and practitioners.

The Mathematical Theory of Information

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Publisher : Springer Science & Business Media
ISBN 13 : 1461509750
Total Pages : 517 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis The Mathematical Theory of Information by : Jan Kåhre

Download or read book The Mathematical Theory of Information written by Jan Kåhre and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: The general concept of information is here, for the first time, defined mathematically by adding one single axiom to the probability theory. This Mathematical Theory of Information is explored in fourteen chapters: 1. Information can be measured in different units, in anything from bits to dollars. We will here argue that any measure is acceptable if it does not violate the Law of Diminishing Information. This law is supported by two independent arguments: one derived from the Bar-Hillel ideal receiver, the other is based on Shannon's noisy channel. The entropy in the 'classical information theory' is one of the measures conforming to the Law of Diminishing Information, but it has, however, properties such as being symmetric, which makes it unsuitable for some applications. The measure reliability is found to be a universal information measure. 2. For discrete and finite signals, the Law of Diminishing Information is defined mathematically, using probability theory and matrix algebra. 3. The Law of Diminishing Information is used as an axiom to derive essential properties of information. Byron's law: there is more information in a lie than in gibberish. Preservation: no information is lost in a reversible channel. Etc. The Mathematical Theory of Information supports colligation, i. e. the property to bind facts together making 'two plus two greater than four'. Colligation is a must when the information carries knowledge, or is a base for decisions. In such cases, reliability is always a useful information measure. Entropy does not allow colligation.

The Information Processing Theory of Organization

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Publisher : Taylor & Francis
ISBN 13 : 0429780842
Total Pages : 441 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis The Information Processing Theory of Organization by : John L. Kmetz

Download or read book The Information Processing Theory of Organization written by John L. Kmetz and published by Taylor & Francis. This book was released on 2018-11-09 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, revised in 2021, this volume develops and tests an information-processing model of organization, within the context of the accession of a new generation of a production technology. The model conceptualizes organizations as systems which accomplish their objectives through the processing of information. The book begins with the conceptual basis of the theory, developing the fundamental concepts of information, information processing, and technology. The accession of an automatic avionics tester during the 1970s and 1980s is the change in production technology used to test the theory. The theory is tested by mapping and analysing performance with a three-wave longitudinal field experiment and objective performance measures in the workflow of a very complex system, the U.S. Navy’s avionics maintenance organization. The information processing capacity of the system is shown to be the primary determinant of system performance, with or without the use of information technology. Additional support for the theory comes from newer test and information technologies deployed in the 1980s and 1990s. Implications of this theory for current generations of test technology are provided in the final chapters, along with further development of the theory and its general application to many types of organizations.

Essays on Information and Uncertainty

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ISBN 13 :
Total Pages : 226 pages
Book Rating : 4.:/5 (258 download)

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Book Synopsis Essays on Information and Uncertainty by : Anthony Joseph Creane

Download or read book Essays on Information and Uncertainty written by Anthony Joseph Creane and published by . This book was released on 1991 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Collection Of Essays On Complexity And Management, A - Proceedings Of The Summer School On Managerial Complexity

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Publisher : World Scientific
ISBN 13 : 9814544108
Total Pages : 338 pages
Book Rating : 4.8/5 (145 download)

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Book Synopsis Collection Of Essays On Complexity And Management, A - Proceedings Of The Summer School On Managerial Complexity by : Walter Baets

Download or read book Collection Of Essays On Complexity And Management, A - Proceedings Of The Summer School On Managerial Complexity written by Walter Baets and published by World Scientific. This book was released on 1999-04-01 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: A tendency exists in management theory and practice today to accept that our linear and deterministic ways of thinking about managerial problems create more problems than they solve. In the field of strategy studies, for instance, one can observe a growing interest in learning and organisational flexibility — IT gives importance to distributed cognition and adaptive systems. Management theorists are keenly observing developments surrounding complexity and chaos theory in science, and management researchers are attempting to apply emerging theories to managerial problems.Although there are still a limited number of applications in the managerial world, the Santa Fe Institute and the Los Alamos Center for Nonlinear Studies (both in the US) have been active for several years in closely related fields and, more important, adopt a multidisciplinary approach. Such applied research is seldom present in academic management journals. It seems, however, that the business community is interested in the implications of chaos and complexity for management as well as adopting a multidisciplinary approach to strategy and organisational change.This volume, constituting the proceedings of the Summer School on Managerial Complexity, held in Granada, Spain, on 11-25 July 1998, will benefit students and researchers in chaos and dynamical systems.

Essays on Information Transmission and Its Economic Applications

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Publisher :
ISBN 13 :
Total Pages : 73 pages
Book Rating : 4.:/5 (891 download)

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Book Synopsis Essays on Information Transmission and Its Economic Applications by : Sho Miyamoto

Download or read book Essays on Information Transmission and Its Economic Applications written by Sho Miyamoto and published by . This book was released on 2014 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this dissertation, I study different models of information transmission and discuss their economic applications. The models describe communication between a Sender and a Receiver, where the Sender provides valuable information and the Receiver takes an action given this information. In Chapter 2 and Chapter 3, I present the models of strategic communication and examine the signaling mechanism in different contexts. In Chapter 4, I present a team theory model of costly communication and look at the Sender's mode of communication. These chapters share a common economic insight: it is optimal for the Sender to withhold part of information. In each chapter, I use this theoretical insight to explain economic applications.

Economics of Imperfect Competition and Employment

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Publisher : Springer
ISBN 13 : 1349086304
Total Pages : 823 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis Economics of Imperfect Competition and Employment by : George R. Feiwel

Download or read book Economics of Imperfect Competition and Employment written by George R. Feiwel and published by Springer. This book was released on 1989-06-18 with total page 823 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study and its companion, "Joan Robinson and Economic Theory" looks at Joan Robinson, her impact upon modern economics, her challenges and critiques, and the advances made in the science and art of economics. It studies her ideas, themes and concerns from many different perspectives.

Looking Through Images

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Publisher : Columbia University Press
ISBN 13 : 0231547579
Total Pages : 290 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Looking Through Images by : Emmanuel Alloa

Download or read book Looking Through Images written by Emmanuel Alloa and published by Columbia University Press. This book was released on 2021-10-05 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Images have always stirred ambivalent reactions. Yet whether eliciting fascinated gazes or iconoclastic repulsion from their beholders, they have hardly ever been seen as true sources of knowledge. They were long viewed as mere appearances, placeholders for the things themselves or deceptive illusions. Today, the traditional critique of the spectacle has given way to an unconditional embrace of the visual. However, we still lack a persuasive theoretical account of how images work. Emmanuel Alloa retraces the history of Western attitudes toward the visual to propose a major rethinking of images as irreplaceable agents of our everyday engagement with the world. He examines how ideas of images and their powers have been constructed in Western humanities, art theory, and philosophy, developing a novel genealogy of both visual studies and the concept of the medium. Alloa reconstructs the earliest Western media theory—Aristotle’s concept of the diaphanous milieu of vision—and the significance of its subsequent erasure in the history of science. Ultimately, he argues for a historically informed phenomenology of images and visual media that explains why images are not simply referential depictions, windows onto the world. Instead, images constantly reactivate the power of appearing. As media of visualization, they allow things to appear that could not be visible except in and through these very material devices.

Acting in an Uncertain World

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Publisher : MIT Press
ISBN 13 : 0262515962
Total Pages : 301 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Acting in an Uncertain World by : Michel Callon

Download or read book Acting in an Uncertain World written by Michel Callon and published by MIT Press. This book was released on 2011-01-21 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: A call for a new form of democracy in which “hybrid forums” composed of experts and laypeople address such sociotechnical controversies as hazardous waste, genetically modified organisms, and nanotechnology. Controversies over such issues as nuclear waste, genetically modified organisms, asbestos, tobacco, gene therapy, avian flu, and cell phone towers arise almost daily as rapid scientific and technological advances create uncertainty and bring about unforeseen concerns. The authors of Acting in an Uncertain World argue that political institutions must be expanded and improved to manage these controversies, to transform them into productive conversations, and to bring about “technical democracy.” They show how “hybrid forums”—in which experts, non-experts, ordinary citizens, and politicians come together—reveal the limits of traditional delegative democracies, in which decisions are made by quasi-professional politicians and techno-scientific information is the domain of specialists in laboratories. The division between professionals and laypeople, the authors claim, is simply outmoded. The authors argue that laboratory research should be complemented by everyday experimentation pursued in the real world, and they describe various modes of cooperation between the two. They explore a range of concrete examples of hybrid forums that have dealt with sociotechnical controversies including nuclear waste disposal in France, industrial waste and birth defects in Japan, a childhood leukemia cluster in Woburn, Massachusetts, and mad cow disease in the United Kingdom. The authors discuss the implications for political decision making in general and describe a “dialogic” democracy that enriches traditional representative democracy. To invent new procedures for consultation and representation, they suggest, is to contribute to an endless process that is necessary for the ongoing democratization of democracy.

Essays on the Extended Evolutionary Synthesis

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Publisher : Springer Nature
ISBN 13 : 3031298799
Total Pages : 177 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Essays on the Extended Evolutionary Synthesis by : Rodrick Wallace

Download or read book Essays on the Extended Evolutionary Synthesis written by Rodrick Wallace and published by Springer Nature. This book was released on 2023 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the ‘punctuated equilibrium' of Eldrege and Gould, through Lewontin's ‘triple helix' and the various visions and revisions of the Extended Evolutionary Synthesis (EES) of Laland and others, both data and theory have demanded an opening-up of the 1950's Evolutionary Synthesis that so firmly wedded evolutionary theory to the mathematics of gene frequency analysis. It can, however, be argued that a single deep and comprehensive mathematical theory may simply not be possible for the almost infinite varieties of evolutionary process active at and across the full range of scales of biological, social, institutional, and cultural phenomena. Indeed, the case history of 'meme theory' should have raised a red flag that narrow gene-centered models of evolutionary process may indeed have serious limitations. What is attempted here is less grand, but still broader than a gene-centered analysis. Following the instruction of Maturana and Varela that all living systems are cognitive, in a certain sense, and that living as a process is a process of cognition, the asymptotic limit theorems of information and control theories that bound all cognition provide a basis for constructing an only modestly deep but wider-ranging series of probability models that might be converted into useful statistical tools for the analysis of observational and experimental data related to evolutionary process. The line of argument in this series of interrelated essays proves to be surprisingly direct.