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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Bibliographic Details
Main Authors: KWON, Young Koan, FELLINGHAM, John C., NEWMAN, D. Paul
Format: text
Language:English
Published: 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