Pfeifer, Christian; Schredelseker, Klaus; Seeber, Gilg U.H. - In: European Journal of Operational Research 195 (2009) 1, pp. 117-126
In informationally inefficient markets, classical decision theory assumes the value of information to be positive. Recent developments, however, contradict this paradigm. Schredelseker [Schredelseker, K., 2001. Is the usefulness approach useful? Some reflections on the utility of public...