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ERIC Number: EJ651320
Record Type: CIJE
Publication Date: 2000
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISSN: ISSN-0022-0485
Risk Aversion and the Value of Information.
Eeckhoudt, Louis; Godfroid, Phillippe
Journal of Economic Education, v31 n4 p382-88 Fall 2000
Explains why risk aversion does not always induce a greater information value, but instead may induce a lower information value when increased. Presents a basic model defining the concept of perfect information value and providing a numerical illustration. Includes references. (CMK)
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A