Comparing Experiments in Discounted Problems
Xavier Venel (Luiss University)
Comparing Experiments in Discounted Problems
Xavier Venel (Luiss University)
I will present several results on the comparison of statistical experiments. After recalling the static approach of Blackwell and the dynamic approach of Greenshtein, we will focus on comparing statistical experiments in discounted problems, ranging from the simplest ones, where the state is fixed and the flow of information exogenous, to more complex ones, where the decision-maker controls the flow of information or the state changes over time.