This paper addresses the problem of measuring the value of information to an agent in an environment where the agent is risk averse and choices are base on the utility of income and personal beliefs about the likelihood of uncertain outcome
Sometimes we believe that others receive harmful information. However, Marschak’s value of informati...
This paper introduces prevention in a model of insurance and studies the equilibrium of a game, wher...
The paper analyses the influence of uncertainty and competition on the strategic considerations of a...
This paper addresses the problem of measuring the value of information to an agent in an environment...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
We examine the competitive firm's willingness to pay for a perfect price forecast. The conventional ...
This paper analyzes the problem faced by a risk-averse firm considering how much to invest in a risk...
This paper has three goals. First, we demonstrate that standard arguments and methods from productio...
This paper has two goals. First, we demonstrate that standard arguments and methods from production ...
The theory of the firm under uncertainty has been usually studied using the expected utility approac...
Eckwert B, Broll U. The competitive firm under price uncertainty: the role of information and hedgin...
We investigate a mixed economy of an individual rational expert and several naı̈ve near-sighted agen...
A homogeneous Cournot duopoly with asymmetric information is analyzed. Every firm learns its own mar...
The growing awareness of information cannot be overemphasized; nevertheless, there is the question o...
Sometimes we believe that others receive harmful information. However, Marschak’s value of informati...
This paper introduces prevention in a model of insurance and studies the equilibrium of a game, wher...
The paper analyses the influence of uncertainty and competition on the strategic considerations of a...
This paper addresses the problem of measuring the value of information to an agent in an environment...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
The theory of the competitive firm under price uncertainty is used to develop a money metric of a pr...
We examine the competitive firm's willingness to pay for a perfect price forecast. The conventional ...
This paper analyzes the problem faced by a risk-averse firm considering how much to invest in a risk...
This paper has three goals. First, we demonstrate that standard arguments and methods from productio...
This paper has two goals. First, we demonstrate that standard arguments and methods from production ...
The theory of the firm under uncertainty has been usually studied using the expected utility approac...
Eckwert B, Broll U. The competitive firm under price uncertainty: the role of information and hedgin...
We investigate a mixed economy of an individual rational expert and several naı̈ve near-sighted agen...
A homogeneous Cournot duopoly with asymmetric information is analyzed. Every firm learns its own mar...
The growing awareness of information cannot be overemphasized; nevertheless, there is the question o...
Sometimes we believe that others receive harmful information. However, Marschak’s value of informati...
This paper introduces prevention in a model of insurance and studies the equilibrium of a game, wher...
The paper analyses the influence of uncertainty and competition on the strategic considerations of a...