Adding Decision Problem Makes Information More Valuable
Fuente:
arXiv
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| Main Author: | |
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| Format: | Preprint |
| Published: |
2026
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| _version_ | 1866914390678175744 |
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| author | de Lara, Michel |
| author_facet | de Lara, Michel |
| contents | We consider decision-making under incomplete information about an unknown state of nature. We show that a decision problem yields a higher value of information than another, uniformly across information structures, if and only if it is obtained by adding an independent, parallel decision problem. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2603_12763 |
| institution | arXiv |
| publishDate | 2026 |
| record_format | arxiv |
| spellingShingle | Adding Decision Problem Makes Information More Valuable de Lara, Michel Optimization and Control We consider decision-making under incomplete information about an unknown state of nature. We show that a decision problem yields a higher value of information than another, uniformly across information structures, if and only if it is obtained by adding an independent, parallel decision problem. |
| title | Adding Decision Problem Makes Information More Valuable |
| topic | Optimization and Control |
| url | https://arxiv.org/abs/2603.12763 |