<> "The repository administrator has not yet configured an RDF license."^^ . <> . . "Informativeness of Experiments for MEU - A Recursive Definition"^^ . "The well-known Blackwell's theorem states the equivalence of statistical informativeness and economic valuableness. Celen (2012) generalizes this theorem, which is well-known for subjective expected utility (SEU), to maxmin expected utility (MEU) preferences. We demonstrate that the underlying definition of the value of information used in Celen (2012) is in contradiction with the principle of recursively defined utility. As a consequence, Celen's\r\nframework features dynamic inconsistency. Our main contribution consists in the definition of a value of information for MEU preferences that is compatible with recursive utility and thus respects dynamic consistency."^^ . "2014-10" . . . "0572" . . . . . . . . "Boris R."^^ . "Wiesenfarth"^^ . "Boris R. Wiesenfarth"^^ . . "Daniel"^^ . "Heyen"^^ . "Daniel Heyen"^^ . . . . . . "Informativeness of Experiments for MEU - A Recursive Definition (PDF)"^^ . . . "Heyen_Wiesenfarth_2014_dp572.pdf"^^ . . . "Informativeness of Experiments for MEU - A Recursive Definition (Other)"^^ . . . . . . "indexcodes.txt"^^ . . . "Informativeness of Experiments for MEU - A Recursive Definition (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "Informativeness of Experiments for MEU - A Recursive Definition (Other)"^^ . . . . . . "preview.jpg"^^ . . . "Informativeness of Experiments for MEU - A Recursive Definition (Other)"^^ . . . . . . "medium.jpg"^^ . . . "Informativeness of Experiments for MEU - A Recursive Definition (Other)"^^ . . . . . . "small.jpg"^^ . . "HTML Summary of #17511 \n\nInformativeness of Experiments for MEU - A Recursive Definition\n\n" . "text/html" . . . "330 Wirtschaft"@de . "330 Economics"@en . .