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Regulator and agent sophistication as an explanation-generating engine for proxy failure dynamics

Published online by Cambridge University Press:  13 May 2024

Mihnea Moldoveanu Open the ORCID record for Mihnea Moldoveanu [Opens in a new window]
Mihnea Moldoveanu*
Affiliation:
Rotman School of Management, University of Toronto, Toronto, ON, Canada
*
Corresponding author: Mihnea Moldoveanu; Email: Mihnea.moldoveanu@rotman.utoronto.ca
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Abstract

I consider the dynamics of regulator–agent interactions in situations in which there are significant mismatches in their abilities to discern and register information and calculate and act upon successful inferences.

Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 47 , 2024 , e78
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Copyright
Copyright © The Author(s), 2024. Published by Cambridge University Press

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References

Bernardo, J. M. (1979). Expected information as expected utility. Annals of Statistics, 7, 171–187.CrossRefGoogle Scholar
Moldoveanu, M. C. (2009). Thinking strategically about thinking strategically: The computational structure and dynamics of managerial reasoning. Strategic Management Journal, 30, 737–763.CrossRefGoogle Scholar
Moldoveanu, M. C. (2011). Inside man: The discipline of modeling human ways of being. Stanford University Press.Google Scholar