The Value of Private Information
نویسندگان
چکیده
منابع مشابه
The Value of Private Information
The Value of Private Information We study the consumption-investment problem of a CRRA agent who possesses private information about the future prospects of a stock. We compute the value of the information to the agent by comparing the utility equivalent with and without the information of the agent. The value of private of information to the agent depends linearly on the wealth of agents and d...
متن کاملOn the Value of Private Information
As individuals increasingly take advantage of on-line services, the value of the private information they possess emerges as a problem of fundamental concern. We believe that the principle underlying privacy should be simple: Individuals are entitled to control the dissemination of private information, disclosing it as part of a transaction only when they are fairly compensated. We show how thi...
متن کاملanalysis of reading comprehension needs of the students of paramedical studies: the case of the students of health information management (him)
چکیده ندارد.
15 صفحه اولPrivate information revelation in common-value auctions
When a seller has information that could help bidders to estimate asset value, a dictum of auction theory has been that all such information should be publicly announced to bidders. The possibility of privately revealing this information to one or more bidders is introduced. Seller in some circumstances may attain higher expected revenue through revealing his information privately. Examples sho...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2005
ISSN: 1556-5068
DOI: 10.2139/ssrn.650761