On information value and mean-preserving transformations

DOI10.1016/J.AML.2005.10.009MaRDI QIDQ2371069zbMATH OpenOpenAlexFDO

Authors Hamid Beladi, Lynda de la Vina, Fathali K. Firoozi

Publication date 29 June 2007

Published in Applied Mathematics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.aml.2005.10.009

zbMATH Keywords

stochastic dominanceequilibriumprobability measure

Mathematics Subject Classification ID

Statistical aspects of information-theoretic topics (62B10) Applications of statistics to economics (62P20) Economics of information (91B44)

Recommendations

• A tight sufficient condition for Radner-Stiglitz nonconcavity in the value of information
• Information and capacities
• Posterior-preserving information improvements and principal-agent relationships
• Publication:3026687
• Another look at the Radner--Stiglitz nonconcavity in the value of information.

Cites work

• Blackwell's ordering and public information.
• Economic Comparability of Information Systems
• Equivalent Comparisons of Experiments
• Value of Information with Sequential Futures Markets

This page was built for publication: On information value and mean-preserving transformations

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2371069)