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Related papers: The Wrong Kind of Information

200 papers

When is autonomy granted to a decision-maker based on their knowledge, and if no autonomy is granted, what form will the intervention take? A parsimonious theoretical framework shows how policymakers can exploit decision-maker mistakes and…

General Economics · Economics 2025-01-03 Max R. P. Grossmann

Latest research revealed a considerable lack of reliability within user feedback and discussed striking impacts for the assessment of adaptive web systems and content personalisation approaches, e.g. ranking errors, systematic biases to…

Human-Computer Interaction · Computer Science 2018-02-19 Kevin Jasberg , Sergej Sizov

In a real expert system, one may have unreliable, unconfident, conflicting estimates of the value for a particular parameter. It is important for decision making that the information present in this aggregate somehow find its way into use.…

Artificial Intelligence · Computer Science 2013-04-15 Henry Hamburger

This paper studies the organization of communication between biased senders and a receiver. Senders can misreport their private information at a cost. Efficiency is achieved by clearing information asymmetries without incurring costs.…

Theoretical Economics · Economics 2025-02-04 Federico Vaccari

We study misspecified Bayesian learning in principal-agent relationships, where an agent is assessed by an evaluator and rewarded by the market. The agent's outcome depends on their innate ability, costly effort -- whose effectiveness is…

Theoretical Economics · Economics 2025-12-02 Federico Echenique , Anqi Li

It is shown that in the case of a single decision maker who optimizes several possibly conflicting objectives, the amount of information available in preference relations among pairs of possible decisions, when compared with all other…

Optimization and Control · Mathematics 2007-05-23 Elemer E Rosinger

Automated decision systems (ADS) are increasingly used for consequential decision-making. These systems often rely on sophisticated yet opaque machine learning models, which do not allow for understanding how a given decision was arrived…

Human-Computer Interaction · Computer Science 2022-05-13 Jakob Schoeffer , Niklas Kuehl , Yvette Machowski

This paper studies AI persuasion by distinguishing between two reasons for disagreement: attention differences, where the AI detects features the decision-maker missed, and comprehension differences, where the AI and the decision-maker…

General Economics · Economics 2026-02-06 Hanzhe Li , Jin Li , Ye Luo , Xiaowei Zhang

Miscalibrated beliefs are widely viewed as compromising the quality of employees' decisions. Why, then, might an organization prefer to hire an individual known to be overconfident? This paper develops a theory of organizational demand for…

Theoretical Economics · Economics 2026-01-09 Andrés Espitia

We study an extension of the voter model in which each agent is endowed with an innate preference for one of two states that we term as "truth" or "falsehood". Due to interactions with neighbors, an agent that innately prefers truth can be…

Physics and Society · Physics 2011-05-03 Naoki Masuda , S. Redner

We study the effect of providing information to agents who queue before a scarce good is distributed at a fixed time. Many information policies reveal "sudden bad news," when agents learn the queue is longer than previously believed. Sudden…

Theoretical Economics · Economics 2025-10-10 Jack Hirsch , Eric Tang

An agent choosing between various actions tends to take the one with the lowest cost. But this choice is arguably too rigid (not adaptive) to be useful in complex situations, e.g., where exploration-exploitation trade-off is relevant in…

Data Analysis, Statistics and Probability · Physics 2018-12-04 Armen E. Allahverdyan , Aram Galstyan , Ali E. Abbas , Zbigniew R. Struzik

In recent years, a significant research effort has been devoted to the design of distributed protocols for the control of multi-agent systems, as the scale and limited communication bandwidth characteristic of such systems render…

Multiagent Systems · Computer Science 2021-06-09 Rohit Konda , Rahul Chandan , Jason R. Marden

In this paper we describe a decision process framework allowing an agent to decide what information it should reveal to its neighbours within a communication graph in order to maximise its utility. We assume that these neighbours can pass…

Artificial Intelligence · Computer Science 2013-12-18 Chatschik Bisdikian , Federico Cerutti , Yuqing Tang , Nir Oren

We examine receiver-optimal mechanisms for aggregating information divided across many biased senders. Each sender privately observes an unconditionally independent signal about an unknown state, so no sender can verify another's report. A…

Theoretical Economics · Economics 2025-08-05 James Best , Daniel Quigley , Maryam Saeedi , Ali Shourideh

There is an increasingly urgent need to develop knowledge and practices to manage climate risks. For example, flood-risk information can inform household decisions such as purchasing a home or flood insurance. However, flood-risk estimates…

Applications · Statistics 2022-01-05 Courtney M. Cooper , Sanjib Sharma , Robert E. Nicholas , Klaus Keller

In many settings, an effective way of evaluating objects of interest is to collect evaluations from dispersed individuals and to aggregate these evaluations together. Some examples are categorizing online content and evaluating student…

Computer Science and Game Theory · Computer Science 2016-06-23 Alice Gao , James R. Wright , Kevin Leyton-Brown

Individual and social biases undermine the effectiveness of human advisers by inducing judgment errors which can disadvantage protected groups. In this paper, we study the influence these biases can have in the pervasive problem of fake…

Human-Computer Interaction · Computer Science 2024-03-15 Axel Abels , Elias Fernandez Domingos , Ann Nowé , Tom Lenaerts

How to incentivize self-interested agents to explore when they prefer to exploit? Consider a population of self-interested agents that make decisions under uncertainty. They "explore" to acquire new information and "exploit" this…

Computer Science and Game Theory · Computer Science 2024-10-23 Aleksandrs Slivkins

Agentic workflows -- where multiple large language model (LLM) instances interact to solve tasks -- are increasingly built on feedback mechanisms, where one model evaluates and critiques another. Despite the promise of feedback-driven…

Artificial Intelligence · Computer Science 2025-06-05 Yifei Ming , Zixuan Ke , Xuan-Phi Nguyen , Jiayu Wang , Shafiq Joty