Arrow's information paradox asserts that demand for undisclosed information is undefined. Reassessing the paradox, I … argue that the value of information for the buyer depends on its relevance, which can be known ex ante, and the uncertainty … shifts to the capability of the seller to acquire the knowledge and her reliability in disclosing it. These three together …

evidence of scientific reliability and validity and nature of itemization in previous scales/papers has not been comprehensive … significantly tested the reliability and validity measures needed for impulsive buying scale that would largely facilitate different … convergent validity. Additionally, other reliability forms are on higher side which sustains the reliability of the scale. The …

developed in previous work that relax the strong assumptions on information.We also review some related literature.[...] …

In the context of decision making under risk, additional information can be seen as a resource for the improvement of … decision quality. The value of this improved quality is usually measured using Marschak´s concept of the value of information …. From this point of view, human information processing can easily be understood as a production process transforming the …