Compensations in Information Collecting Situations: A Cooperative Approach

Authors: TIJS, STEF¹; TIMMER, JUDITH¹; BRÂNZEI, RODICA²

Source: Journal of Public Economic Theory, Volume 8, Number 2, May 2006 , pp. 181-191(11)

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Abstract:

This paper addresses the question of how to compensate people who provide relevant information to a decision maker who faces uncertainty. Several compensation rules for the decision maker are suggested and these are studied in a cooperative environment.

Document Type: Research article

DOI: http://dx.doi.org/10.1111/j.1467-9779.2006.00259.x

Affiliations: 1: Tilburg University 2: “Al.I.” Cuza University

Publication date: 2006-05-01