Call the Dentist! A (Con-)Cavity in the Value of Information

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1. Verfasser: Whitmeyer, Mark
Format: Preprint
Veröffentlicht: 2024
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author Whitmeyer, Mark
author_facet Whitmeyer, Mark
contents A natural way of quantifying the ``amount of information'' in decision problems yields a globally concave value for information. Another (in contrast, adversarial) way almost never does.
format Preprint
id arxiv_https___arxiv_org_abs_2404_01190
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Call the Dentist! A (Con-)Cavity in the Value of Information
Whitmeyer, Mark
Theoretical Economics
A natural way of quantifying the ``amount of information'' in decision problems yields a globally concave value for information. Another (in contrast, adversarial) way almost never does.
title Call the Dentist! A (Con-)Cavity in the Value of Information
topic Theoretical Economics
url https://arxiv.org/abs/2404.01190