price. We show that this complete informativeness ordering is represented by the decrease in entropy of his beliefs …

show that this complete informativeness ordering is represented by the decrease in entropy of his beliefs, regardless of …

at that price. We show that this complete informativeness ordering is represented by the decrease in entropy of his …

represented by the decrease in entropy of his beliefs, regardless of his preferences, initial wealth, or investment problem. We …

that price. We show that this complete informativeness ordering is represented by the decrease in entropy of his beliefs …

entropy from priors to posteriors, and it also connects naturally with a recent index of riskiness. -- informativeness … ; information transactions ; Kullback-Leibler divergence ; relative entropy ; decision under uncertainty ; investment ; Blackwell …

that price. We show that this complete informativeness ordering is represented by the decrease in entropy of his beliefs … ordering based on similar premises exists. -- Informativeness ; information structures ; entropy ; decision under uncertainty …