There is the classical example from Strategy of Conflict (ironically copied from your own book summary):
Imagine you and I have been separately parachuted into an unknown mountainous area. We both have maps and radios, and we know our own positions, but don’t know each other’s positions. The task is to rendezvous. Normally we’d coordinate by radio and pick a suitable meeting point, but this time you got lucky. So lucky in fact that I want to strangle you: upon landing you discovered that your radio is broken. It can transmit but not receive.
Two days of rock-climbing and stream-crossing later, tired and dirty, I arrive at the hill where you’ve been sitting all this time smugly enjoying your lack of information.
And after we split the prize and cash our checks I learn that you broke the radio on purpose.
(Edit: Nevermind, misread the above to say” In what simple models are people worse off when they have more information about others”)
There is the classical example from Strategy of Conflict (ironically copied from your own book summary):
(Edit: Nevermind, misread the above to say” In what simple models are people worse off when they have more information about others”)