WebThe key feature of the model is the flexibility of information: the decision-maker can choose any dynamic signal process as an information source, subject to a flow cost that depends … http://www.columbia.edu/~wz2269/workingpapers/info_acquisition/Dynamic_info_acquisition_main.pdf

Optimal Dynamic Information Acquisition - Research Papers in …

WebInformation is acquired continuously -- where the agent chooses both which sources to sample from, and also how to allocate attention across them -- until an endogenously chosen time, at which point a decision is taken.WebOptimal Dynamic Information Acquisition∗. Weijie Zhong†. October, 2024 Abstract. I study a dynamic model in which a decision maker (DM) acquires information about the payoffs of different alternatives prior to making her decision. The key feature of the model is the flexibility of information: the DM can choose any dynamic signal process deribit cryptosheets

Optimal Dynamic Information Acquisition by Weijie Zhong …

Webper, information acquisition decisions are driven by learning concerns exclusively, and the exploration-exploitation trade-o↵central to bandit models does not appear.3 We primarily build on a large literature about optimal dynamic information acquisition. In contrast to an earlier focus in the literature on the choice of signal precisions ... WebCentralized Estimation and Control. Focusing on the complexity in T, we show that active information acquisition with linear Gaussian models of the target dynamics and … Webthe model is the flexibility of information: the DM can choose any dynamic signal process as an information source, subject to a flow cost that depends on the informativeness of … deribit analytics