Perfect information

Perfect information is a concept in game theory and economics that describes a situation where all players in a game or all participants in a market have knowledge of all relevant information in the system. This is different than complete information, which implies common knowledge of each agent's utility functions, payoffs, strategies and "types". A system with perfect information may or may not have complete information.

Back to Game Theory & Strategy →

Source: Wikipedia · Image: Wikimedia Commons · CC BY-SA 3.0

BOARDBOUT

Game night, sorted — board games, party picks, and the tools to run a great table.

Get new guides by emailOccasional emails. No spam. Unsubscribe anytime.

InformationAbout Contact Privacy Policy Terms of Service Disclaimer Affiliate Disclosure Cookie Policy

Museum entries, images, and facts are drawn from Wikipedia and Wikimedia Commons, used under public-domain and Creative Commons licenses.