Value of information in two-team zero-sum problems

The situation in which two groups of people have conflicts of interest is considered as a two-team zero-sum game problem. Two special cases of this problem are solved to illustrate that communication among members of a team may not be worth-while and extra information need not always be desired by decision makers. In the appendix, it is shown that the optimal saddle-point solution exists and is still affine for the general problem with quadratic Gaussian performance index.Dedicated to Professor M. R. HestenesThe research reported in this paper was made possible through support extended to the Division of Engineering and Applied Physics, Harvard University, by the U.S. Office of Naval Research under the Joint Services Electronics Program, Contract No. N00014-67-A-0298-0006, and by the National Science Foundation, Grant No. GK-31511.