Stochastic dominance and information value
Incentives for producing and disseminating information have been analysed in many different contexts. Kihlstrom [6], for example, develops a Bayesian framework to analyze the properties of demand functions for information about product quality. From an entirely different perspective, Spence [8, 91 d...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
1979
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Online Access: | https://ink.library.smu.edu.sg/soa_research/743 https://ink.library.smu.edu.sg/context/soa_research/article/1742/viewcontent/1_s2.0_0022053179900723_main.pdf |
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Institution: | Singapore Management University |
Language: | English |