Article ID Journal Published Year Pages File Type
7349257 Economics Letters 2018 8 Pages PDF
Abstract
The partial order of prior-independent investment dominance (Cabrales et al., 2013) strictly extends Blackwell's order over information structures. I provide a complete characterization for the case of two states and two signals.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Entropy and the value of information for investors: The prior-free implications
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