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Journal articles
The Value of Information - An Axiomatic Approach
Abstract : The following question is addressed: Given a real-valued function on the partitions of a measure space, what are necessary and sufficient conditions in order that it be the value of information function for a Bayesian decision maker? A characterization is provided, and the analysis reveals a close relationship to cooperative game theory. The tools developed for characterization can also be used to derive somewhat surprising results regarding the properties of information functions.
https://hal-hec.archives-ouvertes.fr/hal-00753232
Contributor : Antoine Haldemann Connect in order to contact the contributor
Submitted on : Sunday, November 18, 2012 - 6:48:58 PM
Last modification on : Sunday, November 18, 2012 - 6:49:52 PM
Contributor : Antoine Haldemann Connect in order to contact the contributor
Submitted on : Sunday, November 18, 2012 - 6:48:58 PM
Last modification on : Sunday, November 18, 2012 - 6:49:52 PM
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