• Thumbnail for Perfect information
    economics, perfect information (sometimes referred to as "no hidden information") is a feature of perfect competition. With perfect information in a market...
    7 KB (645 words) - 06:21, 3 July 2024
  • expected value of perfect information (EVPI) is the price that one would be willing to pay in order to gain access to perfect information. A common discipline...
    7 KB (1,286 words) - 03:01, 9 December 2022
  • In game theory, a subgame perfect equilibrium (or subgame perfect Nash equilibrium) is a refinement of a Nash equilibrium used in dynamic games. A strategy...
    11 KB (1,544 words) - 07:30, 8 September 2023
  • subset of sequential games consists of games of perfect information. A game with perfect information means that all players, at every move in the game...
    140 KB (15,635 words) - 05:43, 14 July 2024
  • equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions, collectively called perfect competition,...
    45 KB (6,467 words) - 07:43, 3 July 2024
  • Thumbnail for Information asymmetry
    when there is perfect information. Perfect information means that all parties have complete knowledge. If the buyer has more information, the power to...
    65 KB (8,475 words) - 23:36, 8 July 2024
  • A cryptosystem is considered to have information-theoretic security (also called unconditional security) if the system is secure against adversaries with...
    17 KB (1,752 words) - 16:00, 23 November 2023
  • maximize their payoffs. Complete information is importantly different from perfect information. In a game of complete information, the structure of the game...
    7 KB (940 words) - 14:06, 18 September 2021
  • distinguished into value of perfect information, also called value of clairvoyance (VoC), and value of imperfect information. They are closely related to...
    10 KB (1,426 words) - 14:26, 21 November 2023
  • new externality, stating that the consumer would not always have perfect information on how their own data would be used. Kenneth C. Laudon developed...
    40 KB (4,974 words) - 09:51, 14 July 2024