IDEAS home Printed from https://ideas.repec.org/a/eee/jetheo/v137y2007i1p696-708.html
   My bibliography  Save this article

A tight sufficient condition for Radner-Stiglitz nonconcavity in the value of information

Author

Listed:
  • De Lara, Michel
  • Gilotte, Laurent

Abstract

No abstract is available for this item.

Suggested Citation

  • De Lara, Michel & Gilotte, Laurent, 2007. "A tight sufficient condition for Radner-Stiglitz nonconcavity in the value of information," Journal of Economic Theory, Elsevier, vol. 137(1), pages 696-708, November.
    • Handle: RePEc:eee:jetheo:v:137:y:2007:i:1:p:696-708
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0022-0531(07)00037-3
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Chade, Hector & Schlee, Edward, 2002. "Another Look at the Radner-Stiglitz Nonconcavity in the Value of Information," Journal of Economic Theory, Elsevier, vol. 107(2), pages 421-452, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michel de Lara & Olivier Gossner, 2020. "Payoffs-Beliefs Duality and the Value of Information," Post-Print hal-01941006, HAL.
    2. Mark Whitmeyer, 2024. "Can One Hear the Shape of a Decision Problem?," Papers 2403.06344, arXiv.org, revised Apr 2024.
    3. Mark Whitmeyer, 2022. "Making Information More Valuable," Papers 2210.04418, arXiv.org, revised Dec 2023.
    4. van Staden, Heletjé E. & Boute, Robert N., 2021. "The effect of multi-sensor data on condition-based maintenance policies," European Journal of Operational Research, Elsevier, vol. 290(2), pages 585-600.
    5. Peter I. Frazier & Warren B. Powell, 2010. "Paradoxes in Learning and the Marginal Value of Information," Decision Analysis, INFORMS, vol. 7(4), pages 378-403, December.
    6. Michel De Lara & Olivier Gossner, 2017. "An instrumental approach to the value of information," Working Papers 2017-49, Center for Research in Economics and Statistics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lindbeck, Assar & Weibull, Jörgen, 2020. "Delegation of investment decisions, and optimal remuneration of agents," European Economic Review, Elsevier, vol. 129(C).
    2. Aspen Gorry, 2016. "Experience and worker flows," Quantitative Economics, Econometric Society, vol. 7(1), pages 225-255, March.
    3. Keppo, Jussi & Moscarini, Giuseppe & Smith, Lones, 2008. "The demand for information: More heat than light," Journal of Economic Theory, Elsevier, vol. 138(1), pages 21-50, January.
    4. Edward Schlee, 2008. "Expected consumer’s surplus as an approximate welfare measure," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 34(1), pages 127-155, January.
    5. Mikhail Golosov & Luigi Iovino, 2021. "Social Insurance, Information Revelation, and Lack of Commitment," Journal of Political Economy, University of Chicago Press, vol. 129(9), pages 2629-2665.
    6. 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.
    7. Stefan Behringer, 2021. "Expanding Multi-Market Monopoly and Nonconcavity in the Value of Information," Papers 2111.00839, arXiv.org.
    8. Mark Whitmeyer, 2022. "Making Information More Valuable," Papers 2210.04418, arXiv.org, revised Dec 2023.
    9. Agostino Manduchi, 2013. "Non-neutral information costs with match-value uncertainty," Journal of Economics, Springer, vol. 109(1), pages 1-25, May.
    10. Renato Molina & Ivan Rudik, 2022. "The Social Value of Predicting Hurricanes," CESifo Working Paper Series 10049, CESifo.
    11. Chade, Hector & Kovrijnykh, Natalia, 2016. "Delegated information acquisition with moral hazard," Journal of Economic Theory, Elsevier, vol. 162(C), pages 55-92.
    12. Kate Antonovics & Limor Golan, 2012. "Experimentation and Job Choice," Journal of Labor Economics, University of Chicago Press, vol. 30(2), pages 333-366.
    13. Oliveros, S, 2013. "Aggregation of endogenous information in large elections," Economics Discussion Papers 8984, University of Essex, Department of Economics.
    14. Marc-Andreas Muendler, 2005. "Rational Information Choice in Financial Market Equilibrium," CESifo Working Paper Series 1436, CESifo.
    15. Sushil Bikhchandani & John W. Mamer, 2013. "Decreasing Marginal Value of Information Under Symmetric Loss," Decision Analysis, INFORMS, vol. 10(3), pages 245-256, September.
    16. Mark Whitmeyer, 2024. "Can One Hear the Shape of a Decision Problem?," Papers 2403.06344, arXiv.org, revised Apr 2024.
    17. Chade, Hector & Eeckhout, Jan, 2018. "Matching information," Theoretical Economics, Econometric Society, vol. 13(1), January.
    18. M. Ali Khan & Haomiao Yu & Zhixiang Zhang, 2019. "Information Structures on a General State Space: An Equivalence Theorem and an Application," Working Papers 076, Ryerson University, Department of Economics.
    19. Aycinena, Diego & Elbittar, Alexander & Gomberg, Andrei & Rentschler, Lucas, 2023. "Does free information provision crowd out costly information acquisition? It's a matter of timing," Games and Economic Behavior, Elsevier, vol. 141(C), pages 182-195.
    20. Michel de Lara & Olivier Gossner, 2019. "Payoffs-Beliefs Duality and the Value of Information," Working Papers hal-01941006, HAL.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jetheo:v:137:y:2007:i:1:p:696-708. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622869 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.