Risk Aversion and the Value of Information


Publication: Journal of Economic Education

Volume: Volume 31, No. 4

Issue: Fall 2000

Pages: 382-388

Author(s): Louis Eeckhoudt (Catholic Faculties of Mons) and Philippe Godfroid (Catholic Faculties of Mons)

Address (Principal Author):Louis Eeckhoudt and Ph. Godfroid
Catholic Faculties of Mons
151, Chaussee de Binche
B-7000 MONS
BELGIUM
Phone: 32-65-323-209
Fax: 065-31-5691

Internet Address (Principal Author):eeckhoud@fucam.ac.be

Title: Risk Aversion and the Value of Information

Abstract: The authors explain in intuitive terms why in some circumstances and increase in risk aversion may induce a lower information value.

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