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Another Look at the Radner-Stiglitz Nonconcavity in the Value of Information

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Chade, Hector
Schlee, Edward

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Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 107 (2002)
Issue (Month): 2 (December)
Pages: 421-452
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Handle: RePEc:eee:jetheo:v:107:y:2002:i:2:p:421-452

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  1. Marc-Andreas Muendler, 2005. "Rational Information Choice in Financial Market Equilibrium," University of California at San Diego, Economics Working Paper Series 2005-04, Department of Economics, UC San Diego. [Downloadable!]
    Other versions:
  2. Mattsson, Lars-Göran & Voorneveld, Mark & Weibull, Jörgen W., 2004. "Better may be worse: Some monotonicity results and paradoxes in discrete choice," Working Paper Series in Economics and Finance 558, Stockholm School of Economics, revised 21 Apr 2004.
  3. Jussi Keppo & Giuseppe Moscarini & Lones Smith, 2005. "The Demand for Information: More Heat than Light," Cowles Foundation Discussion Papers 1498, Cowles Foundation, Yale University. [Downloadable!]
    Other versions:
  4. Oliveros, Santiago, 2007. "Endogenous information in committees and aggregation of information in large elections," MPRA Paper 7727, University Library of Munich, Germany. [Downloadable!]
  5. Jörgen Weibull & Lars-Göran Mattsson & Mark Voorneveld, 2007. "Better May be Worse: Some Monotonicity Results and Paradoxes in Discrete Choice Under Uncertainty," Theory and Decision, Springer, vol. 63(2), pages 121-151, September. [Downloadable!] (restricted)
  6. Marc-Andreas Muendler, 2005. "The Action Value of Information and the Natural Transparency Limit¤," University of California at San Diego, Economics Working Paper Series 2005-09, Department of Economics, UC San Diego. [Downloadable!]
  7. Edward Schlee, . "Expected Consumer's Surplus as an Approximate Welfare Measure," Working Papers 2144340, Department of Economics, W. P. Carey School of Business, Arizona State University. [Downloadable!]
    Other versions:
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