Coarse-Graining and the Blackwell Order

Suppose we have a pair of information channels, κ 1 , κ 2 , with a common input. The Blackwell order is a partial order over channels that compares κ 1 and κ 2 by the maximal expected utility an agent can obtain when decisions are based on the channel outputs. Equivalently...

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Bibliographic Details
Main Authors: Johannes Rauh, Pradeep Kr. Banerjee, Eckehard Olbrich, Jürgen Jost, Nils Bertschinger, David Wolpert
Format: Article
Language:English
Published: MDPI AG 2017-10-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/19/10/527