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A note on equivalent comparisons of information channels

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  • Luís Barbosa

  • Gil Riella

Abstract

Nakata (Theory Decis 71:559–574, 2011 ) presents a model of acquisition of information where the agent does not know what pieces of information she is missing. In this note, we point out some technical problems in a few of Nakata’s results and show how to correct them. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Luís Barbosa & Gil Riella, 2015. "A note on equivalent comparisons of information channels," Theory and Decision, Springer, vol. 78(1), pages 33-44, January.
  • Handle: RePEc:kap:theord:v:78:y:2015:i:1:p:33-44
    DOI: 10.1007/s11238-013-9399-7
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    References listed on IDEAS

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    1. Kopylov, Igor, 2009. "Finite additive utility representations for preferences over menus," Journal of Economic Theory, Elsevier, vol. 144(1), pages 354-374, January.
    2. Eddie Dekel & Barton L. Lipman & Aldo Rustichini, 2009. "Temptation-Driven Preferences," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(3), pages 937-971.
    3. Dekel, Eddie & Lipman, Barton L & Rustichini, Aldo, 2001. "Representing Preferences with a Unique Subjective State Space," Econometrica, Econometric Society, vol. 69(4), pages 891-934, July.
    4. Hiroyuki Nakata, 2011. "Equivalent comparisons of information channels," Theory and Decision, Springer, vol. 71(4), pages 559-574, October.
    5. Eddie Dekel & Barton L Lipman & Aldo Rustichini & Todd Sarver, 2007. "Representing Preferences with a Unique Subjective State Space: A Corrigendum -super-1," Econometrica, Econometric Society, vol. 75(2), pages 591-600, March.
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