Sentence examples for be perfectly informed from inspiring English sources
In a game with imperfect information (see Ross 2010 for a discussion), the players may not be perfectly informed about the moves of their opponents or the outcome of chance moves by nature.
The intermediaries (Agents) are perfectly informed regarding project types and can recommend that their clients (Principals) either proceed or discontinue a project.
Both the buyer (principal) and farmer are perfectly informed about the specification of these functions and the probability distribution over types.
Second, when some consumers are perfectly informed about market prices while others are not, price dispersion could arise as a mixed-strategy equilibrium outcome (Stigler 1961; Varian 1980).1 In this case, stores' relative positions in the price distribution change over time which makes it more difficult for consumers to identify the lowest-price store (Chandra and Tappata 2011).
The state has a key role in promoting efficient and reliable market information systems because competitive, effectively coordinated markets require that all market participants be perfectly and equally informed since basic information is a public good.
There is no inherent difficulty in using the models from Section 2 to describe situations where players are not perfectly informed about the structure of the game (for example, where there is some uncertainty about available actions).
Our findings suggest that individuals are not perfectly informed about the link between saving today and income in retirement, and that, on average, people tend to overestimate the level of retirement income that current saving generates.
People also face knowledge constraints they are neither perfectly informed nor totally ignorant of the implications of their choices, although in making those choices they try to process the available knowledge rationally.
That must be perfectly acceptable.
In 2009 in a now notorious speech, James Murdoch of the News Corporation railed against being forced to compete with the publicly financed BBC, suggesting that "the scope of its activities and ambitions is chilling," and that the private sector was perfectly capable of informing Britons.
