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Correlated risks and the value of information

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Author Info

  • Louis Eeckhoudt
  • Alban Thomas

    ()

  • Nicolas Treich

Abstract

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File URL: http://hdl.handle.net/10.1007/s00712-010-0169-5
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Bibliographic Info

Article provided by Springer in its journal Journal of Economics.

Volume (Year): 102 (2011)
Issue (Month): 1 (January)
Pages: 77-87

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Handle: RePEc:kap:jeczfn:v:102:y:2011:i:1:p:77-87

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Web page: http://www.springerlink.com/link.asp?id=108909

Related research

Keywords: Risk; Information value; Decision making; D81;

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References

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  1. Chavas, Jean-Paul & Kristjanson, Patricia M. & Matlon, Peter, 1991. "On the role of information in decision making : The case of sorghum yield in Burkina Faso," Journal of Development Economics, Elsevier, vol. 35(2), pages 261-280, April.
  2. Eeckhoudt, Louis & Hansen, P, 1989. "Minimum Prices and Optimal Production under Multiple," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 16(3), pages 411-18.
  3. Hess, James, 1982. "Risk and the gain from information," Journal of Economic Theory, Elsevier, vol. 27(1), pages 231-238, June.
  4. Richard M. Adams & Kelly J. Bryant & Bruce A. Mccarl & David M. Legler & James O'Brien & Andrew Solow & Rodney Weiher, 1995. "Value Of Improved Long-Range Weather Information," Contemporary Economic Policy, Western Economic Association International, vol. 13(3), pages 10-19, 07.
  5. James W. Mjelde & Harvey S.J. Hill & John F. Griffiths, 1998. "A Review of Current Evidence on Climate Forecasts and Their Economic Effects in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1089-1095.
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Cited by:
  1. L.D. Tamini & M. Doyon & M.M. Zan, 2014. "Investment behavior of Canadian Egg Producers: Analyzing the Impacts of Risk Aversion and Variability of Prices and Costs of Production," Cahiers de recherche CREATE 2014-2, CREATE.

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