On comparisons of information structures with infinite states
在无限状态空间下,建立了信息结构比较的多种准则(充分性、更多信息性、贝叶斯偏好、凸占优、均值保持展形)之间的等价关系,并推广了Hirschleifer-Schlee定理。
Blackwell's theorem on the comparison of information structures is by now sufficiently well-understood for a finite state space, but important gaps remain in the infinite case. While the equivalence of (i) sufficiency and (ii) more-informativeness is known, we present a comprehensive theory that establishes equivalences between these two orders (in both their original and almost all versions) and three additional prior-dependent criteria on general (Polish) state spaces. We consider (iii) Bayesian preference, (iv) convex dominance, and (v) mean-preserving-spread (dilation) for all priors as well as for a given full-support prior. We provide counterexamples to underscore the necessity of the assumptions underlying some of our findings, and offer a generalization of the Hirschleifer-Schlee theorem as an application.