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Correlated risks and the value of information

Author

Listed:
  • L. Eeckhoudt

    (LEM - Lille - Economie et Management - Université de Lille, Sciences et Technologies - CNRS - Centre National de la Recherche Scientifique)

  • A. Thomas
  • N. Treich

Abstract

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Suggested Citation

  • L. Eeckhoudt & A. Thomas & N. Treich, 2011. "Correlated risks and the value of information," Post-Print halshs-00780314, HAL.
    • Handle: RePEc:hal:journl:halshs-00780314
    as

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    References listed on IDEAS

    as
    1. Chavas, Jean-Paul & Kristjanson, Patricia M. & Matlon, Peter, 1991. "On the role of information in decision making : The case of sorghum yield in Burkina Faso," Journal of Development Economics, Elsevier, vol. 35(2), pages 261-280, April.
    2. Hess, James, 1982. "Risk and the gain from information," Journal of Economic Theory, Elsevier, vol. 27(1), pages 231-238, June.
    3. Eeckhoudt, Louis & Hansen, P, 1989. "Minimum Prices and Optimal Production under Multiple," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 16(3), pages 411-418.
    4. James W. Mjelde & Harvey S.J. Hill & John F. Griffiths, 1998. "A Review of Current Evidence on Climate Forecasts and Their Economic Effects in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1089-1095.
    5. Ronald I. McKinnon, 1967. "Futures Markets, Buffer Stocks, and Income Stability for Primary Producers," Journal of Political Economy, University of Chicago Press, vol. 75(6), pages 844-844.
    6. Richard M. Adams & Kelly J. Bryant & Bruce A. Mccarl & David M. Legler & James O'Brien & Andrew Solow & Rodney Weiher, 1995. "Value Of Improved Long‐Range Weather Information," Contemporary Economic Policy, Western Economic Association International, vol. 13(3), pages 10-19, July.
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    Citations

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    Cited by:

    1. L.D. Tamini & M. Doyon & M.M. Zan, 2014. "Investment behavior of Canadian Egg Producers: Analyzing the Impacts of Risk Aversion and Variability of Prices and Costs of Production," Cahiers de recherche CREATE 2014-2, CREATE.
    2. Strand,Jon & Siddiqui,Sauleh, 2015. "Value of improved information about forest protection values, with application to rainforest valuation," Policy Research Working Paper Series 7423, The World Bank.

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    More about this item

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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