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Another Example: Disjoint Communities
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Classroom Contents
Complementary Information and Learning Traps
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- 1 Introduction
- 2 Informational Environment
- 3 Interpretations of Payoff-Irrelevant Terms
- 4 Decision Environment
- 5 Example: Learning Trap
- 6 Example: Efficient Learning
- 7 Plan for Talk
- 8 Definition: Complementary Sets
- 9 Informational Value of Complementary Sets
- 10 Another Example: Disjoint Communities
- 11 Converse: Efficient Information Aggregation
- 12 Characterization of Long-Run Outcomes