Can the Friedman-Savage case be due to the cost of information?

DOI10.1016/0165-4896(85)90061-7zbMath0562.90002OpenAlexW2000927944MaRDI QIDQ1057160

Dipankar Ray

Publication date: 1985

Published in: Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-4896(85)90061-7

zbMATH Keywords

von Neumann-Morgenstern utility functionmarginal utilitycost of information

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

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