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  • 标题:"Monotone Preferences over Information"
  • 本地全文:下载
  • 作者:Juan Dubra ; Federico Echenique
  • 期刊名称:COWLES Foundation Discussion Paper / Cowles Foundation for Research in Economics
  • 出版年度:2001
  • 卷号:2001
  • 期号:1
  • 出版社:Yale University
  • 摘要:We consider preference relations over information that are monotone: more information is preferred to less. We prove that, if a preference relation on information about an uncountable set of states of nature is monotone, then it is not representable by a utility function.
  • 关键词:Value of information; Blackwell's theorem; representation theorems; monotone preferences
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