Research / BFI Working PaperMar 14, 2022

Allocating Scarce Information

Richard T. Holden, Anup Malani, Chris Teh

Sender conveys scarce information to a number of receivers to maximize the sum of receiver payoffs. Each receiver’s payoff depends on the state of the world and an action she takes. The optimal action is state contingent. Under mild regularity conditions, we show that the payoff of each receiver is convex in the amount of information she receives. Thus, it is optimal for Sender to target information to a single receiver. We then study four extensions in which interior information allocations are optimal.

More Research From These Scholars

BFI Working Paper Jan 21, 2022

Vaccine Allocation Priorities Using Disease Surveillance and Economic Data

Anup Malani, Satej Soman, Sabareesh Ramachandran, Alice Chen, Darius Lakdawalla
Topics:  COVID-19, Health care
BFI Working Paper Feb 6, 2023

Do Conflict of Interests Disclosures Work? Evidence from Citations in Medical Journals

Christian Leuz, Anup Malani, Maximilian Muhn, Laszlo Jakab
Topics:  Health care
BFI Working Paper Mar 1, 2022

Seeing the Future: A Better Way to Model and Test for Adaptive Developmental Plasticity

Anup Malani, Stacy Rosenbaum, Susan C. Alberts, Elizabeth A. Archie
Topics:  Early Childhood Education