A Model for Information Exchange. Revision.

Abstract : Information exchange theory aims at the study and modeling of information exchange processes among interacting agents. In this paper, we develop a model for information exchange. The concepts of protocols, types of information systems, misinformation and information distortion, codification, and information distance are introduced. Examples of information exchange processes are given. In the appendix, a model for competitive information exchange is presented. The estimation of alien models for this competitive information exchange model is described. (Author)