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Econometrica Vol. 42 No. 1 1974

Information-Improvement Functions

Bhu Dev Sharma; Ram Autar

Abstract

[This paper deals with the characterization and properties of "information improvement" which Theil has applied in Economics. A functional equation in three variables is formed. The solutions of this functional equation under suitable boundary conditions are defined as information-improvement functions. The "information improvement" is then defined in terms of information-improvement functions.]

DOI
10.2307/1913688
Volume
42
Issue
1
Pages
103
Sources
bibtex:phds-export.bib openalex crossref

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