Ambiguity and the value of information

By Arthur Snow. 2010

119 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/ee922467faec76a63ef30a3ff65c51bf8d9e0609

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Xingbo Li
2. Rajesh Bagchi
3. Arthur Snow

In Finance

1. Xingbo Li
2. Rajesh Bagchi
3. Arthur Snow

In General Decision Sciences

1. Rajesh Bagchi
2. Xingbo Li
3. Arthur Snow
4. Minjung Koo
5. Ayelet Fishbach

Citations in the corpus

• Decision theory under ambiguity (2012, unknown): “Based on the same model Snow (2010) shows that the value of information increases with greater ambiguity and with greater ambiguity aversion.”
• Ambiguity aversion and the propensities for self-insurance and self-protection (2011, background): “17 In a result related to the second prediction, Snow (2010) shows that the value of information that resolves risk increases with greater ambiguity aversion.”
• Illusionary Progress in Loyalty Programs: Magnitudes, Reward Distances, and Step-Size Ambiguity (2011, background): “…by guest on 27 July 2018 Step-Size Ambiguity One of the broader definitions of ambiguity refers to it as “the subjective experience of missing information relevant to a prediction” (Frisch and Baron 1988, 152; also see Camerer and Weber 1992; Snow 2010).”