Informativeness of experiments for MEU: a recursive definition
The well-known Blackwell theorem states the equivalence of statistical informativeness and economic valuableness. Çelen (2012) generalizes this theorem, which is well-known for subjective expected utility (seu), to maxmin expected utility (meu) preferences. We demonstrate that the underlying defini...
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| Main Authors: | , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
2015
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| In: |
Journal of mathematical economics
Year: 2014, Volume: 57, Pages: 28-30 |
| ISSN: | 0304-4068 |
| DOI: | 10.1016/j.jmateco.2014.12.002 |
| Online Access: | Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.jmateco.2014.12.002 Verlag, lizenzpflichtig, Volltext: http://www.sciencedirect.com/science/article/pii/S0304406814001499 
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| Author Notes: | Daniel Heyen, Boris R. Wiesenfarth |
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