Research Summary
Research Summary
Optimal Signaling Policy with Rational and Irrational Agents (with James Burns)
Description
We examine situations in which a single informed agent signals a group of uniformed agents. The uniformed agents must then take an action based on this signal. The motivation for our work comes from real world examples such as terrorist alerts or job safety recommendations in which the informed agents (the government or employer) wish to affect the level of caution of the uninformed agents (the public or employees).