A unified differential information framework assessing that more information is preferred to less
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References listed on IDEAS
- Glycopantis, Dionysius & Muir, Allan & Yannelis, Nicholas C., 2004. "Non-implementation of Rational Expectations as a Perfect Bayesian Equilibrium," Economics Series 148, Institute for Advanced Studies.
- Dubra, Juan & Echenique, Federico, 2004. "Information is not about measurability," Mathematical Social Sciences, Elsevier, vol. 47(2), pages 177-185, March.
- Koutsougeras, Leonidas C & Yannelis, Nicholas C, 1993. "Incentive Compatibility and Information Superiority of the Core of an Economy with Differential Information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 195-216, April.
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More about this item
Keywords
Uncertainty; differential information; information sets; informational feasibility and better informed agents;All these keywords.
JEL classification:
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
- C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-KNM-2006-11-12 (Knowledge Management and Knowledge Economy)
- NEP-UPT-2006-11-12 (Utility Models and Prospect Theory)
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