Value of information and portfolio decision analysis
Value of information (VOI) is the amount a decision maker is willing to pay for information to better understand the uncertainty surrounding a decision, prior to making the decision. VOI is a key part of decision analysis (DA). Especially in this age of information explosion, evaluating information...
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Format: | Others |
Language: | en_US |
Published: |
2013
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Online Access: | http://hdl.handle.net/2152/21314 |