𝔖 Bobbio Scriptorium
✦   LIBER   ✦

An experimental study of the value of information

✍ Scribed by Epstein, Barry J; King, William R

Book ID
122369944
Publisher
Elsevier Science
Year
1982
Tongue
English
Weight
704 KB
Volume
10
Category
Article
ISSN
0305-0483

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Valuing information and options: an expe
Valuing information and options: an experimental study
✍ Philippe DelquiΓ© πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons 🌐 English βš– 200 KB

## Abstract Participants in four studies were faced with everyday‐life decision scenarios involving risk, such as purchasing an airline ticket whose price may change. They were asked to state their maximum willingness to pay (WTP) for resolving the uncertainty with either perfect information or an