arXiv Open Access 2026

Adding Decision Problem Makes Information More Valuable

Michel de Lara

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Abstrak

We consider decision-making under incomplete information about an unknown state of nature. We show that a decision problem yields a higher value of information than another, uniformly across information structures, if and only if it is obtained by adding an independent, parallel decision problem.

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math.OC

Penulis (1)

Michel de Lara

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Lara, M.d. (2026). Adding Decision Problem Makes Information More Valuable. https://arxiv.org/abs/2603.12763

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Informasi Jurnal

Tahun Terbit: 2026
Bahasa: en
Sumber Database: arXiv
Akses: Open Access ✓