Wakker (1988) has recently shown that, in contrast to an expected utility maximizer, the value of information will sometimes be negative for an agent who violates the independence axiom of expected utility theory. We demonstrate, however, that the value of perfect information will always be nonne
โฆ LIBER โฆ
The value of perfect information
โ Scribed by Klemens Szaniawski
- Publisher
- Springer Netherlands
- Year
- 1967
- Tongue
- English
- Weight
- 734 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0039-7857
No coin nor oath required. For personal study only.
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