2014 Fiscal Year Final Research Report
A study of value of Information structure
Project/Area Number |
24730166
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Multi-year Fund |
Research Field |
Economic theory
|
Research Institution | Yokohama National University (2013-2014) Osaka University (2012) |
Principal Investigator |
ABE Koji 横浜国立大学, 国際社会科学研究院, 准教授 (40582523)
|
Project Period (FY) |
2012-04-01 – 2015-03-31
|
Keywords | 情報の経済学 |
Outline of Final Research Achievements |
I study value of information structure in various perspectives. Specifically, I consider what kind of information structure would be valuable for a person (principal) who designs a wage contract and has an agent offer a high level of effort for a task. Also, I consider what kind of information structure would be valuable for a team in a organization, and I consider what kind of information structure would be valuable for a person in a social dilemma situation. For the first question, I say that one information structure is more valuable than another if the former structure lower the principal's optimal expected payment for all admissible contract situations. I characterize value of information structure from this incentive design viewpoint.
|
Free Research Field |
理論経済学, ゲーム理論, 意思決定理論
|