Intrinsic preference for information

DOI10.1006/jeth.1996.2458zbMath0915.90080OpenAlexW1996913086MaRDI QIDQ1277090

Ben Polak, Simon Grant, Atsushi Kajii

Publication date: 16 June 1999

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/0d959ede2a8ef78903acd3bc53e9a5d6af470319

zbMATH Keywords

informationnon-expected utilityrisk-aversionanxietyGateauxintrinsic information

Mathematics Subject Classification ID

Economics of information (91B44)

Related Items (22)

A normalized value for information purchases ⋮ Closure and preferences ⋮ Paying for confidence: an experimental study of the demand for non-instrumental information ⋮ The value of information under unawareness ⋮ Preference for hope: a behavioral definition ⋮ Preference for knowledge ⋮ Robust dissimilarity comparisons with categorical outcomes ⋮ Preferences for the resolution of uncertainty and the timing of information ⋮ Inferring beliefs as subjectively imprecise probabilities ⋮ Ambiguity, data and preferences for information -- a case-based approach ⋮ Information acquisition and provision in school choice: an experimental study ⋮ Can anticipatory feelings explain anomalous choices of information sources? ⋮ Herding with costly information ⋮ Measuring school segregation ⋮ Generalized stochastic differential utility and preference for information ⋮ Utility from anticipation and personal equilibrium ⋮ ``Third down with a yard to go: Recursive expected utility and the Dixit--Skeath conundrum ⋮ Segregation, informativeness and Lorenz dominance ⋮ A theory of subjective compound lotteries ⋮ Intrinsic preference for information ⋮ Equivalent comparisons of information channels ⋮ Blackwell's informativeness ranking with uncertainty-averse preferences

Cites Work

• Unnamed Item
• Unnamed Item
• \(L_ p\)-Fréchet differentiable preference and ``local utility analysis
• Temporal risk and the nature of induced preferences
• Risk aversion in the theory of expected utility with rank dependent probabilities
• Differentiability, comparative statics, and non-expected utility preference
• Many good choice axioms: When can many-good lotteries be treated as money lotteries?
• Many good risks: An interpretation of multivariate risk and risk aversion without the independence axiom
• Temporal von Neumann-Morgenstern and induced preferences
• Intrinsic preference for information
• The sure thing principle and the value of information
• Preference for gradual resolution of uncertainty
• Preference for information and dynamic consistency
• On the nonexistence of Blackwell's theorem-type results with general preference relations
• The value of perfect information in nonlinear utility theory
• Two-Stage Lotteries without the Reduction Axiom
• "Making Book Against Oneself," The Independence Axiom, and Nonlinear Utility Theory
• The Structure of Preferences and Attitudess towards the Timing of the Resolution of Uncertainty
• "Expected Utility" Analysis without the Independence Axiom
• Mixture Symmetry and Quadratic Utility
• Temporal Resolution of Uncertainty and Dynamic Choice Theory
• Temporal Resolution of Uncertainty and Recursive Non-expected Utility Models
• The Dual Theory of Choice under Risk
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Equivalent Comparisons of Experiments

This page was built for publication: Intrinsic preference for information