Intervention with limited information

Author(s)
Fudenberg, Drew; Levine, David K.
Thumbnail
Download182_2021_796_ReferencePDF.pdf (338.2Kb)
Open Access Policy
Terms of use
Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/
Metadata
Show full item record
Abstract
Abstract We study how optimal interventions in response to a shock with limited information depend on the complexity of the system. We show that as the complexity of the system grows, the optimal intervention shrinks to zero.
Date issued
2021-10-19
URI
https://hdl.handle.net/1721.1/143480
Department
Massachusetts Institute of Technology. Department of Economics
Publisher
Springer Berlin Heidelberg
Citation
Fudenberg, Drew and Levine, David K. 2021. "Intervention with limited information."
Version: Author's final manuscript
Collections