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A test of information aversion

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The standard Bayesian model implies that information can never have a negative value. We put this implication to the proof. Our paper provides the first test of the value (positive or negative) of information under uncertainty. We show that the "Bayesian implication" stands in conflict wit...

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Bibliographische Detailangaben
Hauptverfasser: Kops, Christopher (VerfasserIn) , Pasichnichenko, Illia (VerfasserIn)
Dokumenttyp: Buch/Monographie Arbeitspapier
Sprache:Englisch
Veröffentlicht: Heidelberg University of Heidelberg, Department of Economics April 2020
Schriftenreihe:Discussion paper series / University of Heidelberg, Department of Economics no. 682
In: Discussion paper series (no. 682)

DOI:10.11588/heidok.00028244
Schlagworte:
Graue Literatur
Online-Zugang:Verlag, kostenfrei: http://archiv.ub.uni-heidelberg.de/volltextserver/28244/7/Kops_2020_dp682.pdf
Resolving-System, kostenfrei: https://doi.org/10.11588/heidok.00028244
Resolving-System, kostenfrei: http://hdl.handle.net/10419/235005
Resolving-System, kostenfrei, Volltext: https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-282444
Volltext
Verfasserangaben:Christopher Kops and Illia Pasichnichenko

MARC

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