New results on rational random behavior |
| |
| Authors: | John P. Bowman Kenneth Laitinen Henri Theil |
| |
| Affiliation: | University of Chicago, Chicago, IL 60637, USA |
| |
| Abstract: | This letter deals with conditions under which it is preferable to buy a zero amount of information; with a proportionality of the information and loss variances associated with two different decision distributions; and with a limiting chi-square distribution of the decision maker's loss when the marginal cost of information is small. |
| |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ |
