Preference for knowledge

DOI10.1016/J.JET.2023.105737MaRDI QIDQ6139968zbMATH OpenOpenAlexFDO

Authors Hendrik Rommeswinkel, Hung-Chi Chang, Wen-Tai Hsu

Publication date 19 January 2024

Published in Journal of Economic Theory (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2023.105737

zbMATH Keywords

informationuncertaintydecision theoryexpected utilityknowledge

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08)

Recommendations

• The sure thing principle and the value of information
• Expected utility without parsimony
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• Intrinsic preference for information
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Cites work

• scientific article; zbMATH DE number 49097 (Why is no real title available?)
• scientific article; zbMATH DE number 3087284 (Why is no real title available?)
• A Definition of Subjective Probability
• A Representation Theorem for "Preference for Flexibility"
• Equivalent Comparisons of Experiments
• Generalized fundamental equation of information of multiplicative type
• Intrinsic preference for information
• On Qualitative Probability $/sigma$-Algebras
• On the nonexistence of Blackwell's theorem-type results with general preference relations
• Psychological expected utility theory and anticipatory feelings
• Psychological games and sequential rationality
• Rationality of belief or: why Savage's axioms are neither necessary nor sufficient for rationality
• Recursive utility and preferences for information
• Revisiting savage in a conditional world
• Temporal Resolution of Uncertainty and Dynamic Choice Theory
• The algebraic versus the topological approach to additive representations
• The core of large differentiable TU games
• The value of a stochastic information structure
• The value of information -- an axiomatic approach

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