Decision Sciences
4 years ago

Fully rational agents can manipulate information to improve outcomes in teams.

DOAJ (DOAJ: Directory of Open Access Journals)
Lying for the Greater Good: Bounded Rationality in a Team
Oktay Sürücü

Paper Summary

The article explores how smart and not-so-smart people work together in a team. The not-so-smart person can make mistakes because they don't understand everything perfectly. The smart person can help by giving them better information to make better decisions. By learning more about the not-so-smart person over time, the smart person can improve the team's results.

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