Hazen, Gordon B; Sounderpandian, Jayavel - In: Journal of Risk and Uncertainty 18 (1999) 2, pp. 125-36
Suppose you must choose between two pieces of information: A and B. In the absence of cost, you would prefer to obtain A rather than B, and in fact would be willing to take more risk to obtain A than B. Nevertheless, you would pay more money for B than for A. Are your preferences consistent with...