The Value of Information : Methodological Frontiers and New Applications in Environment and Health
edited by Ramanan Laxminarayan, Molly K. Macauley
| Year of publication: |
2012
|
|---|---|
| Authors: | Laxminarayan, Ramanan |
| Other Persons: | Macauley, Molly K. (contributor) |
| Publisher: |
Dordrecht : Springer |
| Subject: | Informationswert | Information value | Theorie | Theory | Gesundheit | Health |
| Description of contents: | Table of Contents [gbv.de] ; Description [swbplus.bsz-bw.de] |
| Extent: | Online-Ressource (XXVIII, 303 p. 46 illus., 18 illus. in color, digital) |
|---|---|
| Series: | |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Description based upon print version of record The Value of Information; Acknowledgments; Contents; Contributors; Abbreviations (Chapter numbers in parentheses); List of Figures; List of Tables; Introduction; Ramanan Laxminarayan and Molly K. Macauley; What Is Distinctive About This Volume?; Overview of the Chapters; Findings and Results; Going Forward; Chapter 1: The Value of Information in Index Insurance for Farmers in Africa; 1.1 Introduction; 1.2 Value of Information in Insurance Price; 1.3 Satellite Information in Index Insurance; 1.4 Conclusion 1. Commentary: Informational and Institutional Challenges to Providing Index Insurance for FarmersReferences; Chapter 2: The Value of Information in a Risk Management Approach to Climate Change; 2.1 Introduction; 2.2 A Risk Management Approach; 2.3 Value-of-Information Refresher; 2.4 A Risk Management Approach to the Value of Information; 2.5 Conclusion; 2.Commentary: Valuing Information, Ascertaining Risk, and Setting the Target; 2.C.1.The Value of Information: Some General Issues; 2.C.2.Modeling the Value of Information; 2.C.3.Separating Value of Information, Risk Management, and BBNs 2.C.4.Critiques Nonetheless2.C.4.1.Risk Management; 2.C.4.2.Bayesian Belief Nets; 2.C.4.3.Putting Them Together; 2.C.5.Expected Utility, Risk Management, and Climate Policy; References; Chapter 3: Understanding the Value of Business Information; 3.1 Introduction; 3.2 Marginal Utility; 3.3 Measuring Risk; 3.4 Uncertainty; 3.4.1 Subjective Probabilities; 3.4.2 Email as an Example; 3.5 Adams´ Point of View; 3.6 Nelson´s Categories of Goods; 3.7 Akerlof and Quality Uncertainty; 3.8 Utility vs. Value; 3.8.1 The Value of a Statistical Life; 3.8.2 The Value of Information in Context; 3.9 Summary 3.Commentary: Harvesting the Ripe Fruit: Why Is It so Hard to Be Well-Informed at the Moment of Decision?3.C.1Introduction; 3.C.2Further Thoughts on the Value of Business Information; 3.C.3Two Kinds of Value of Information; 3.C.4The Classic VOI Setup for Risk Regulatory Decisions; 3.C.5Whence the Resistance?; References; Chapter 4: Valuing the Potential Impacts of GEOSS: A Systems Dynamics Approach; 4.1 Introduction; 4.2 Methods and Tools; 4.2.1 Concept; 4.2.2 FeliX Model; 4.2.3 Benefit Chain Definition Using FeliX; 4.2.4 Example: Population Module; 4.3 Results; 4.3.1 Model Calibration 4.3.2 Baseline Scenario4.3.3 GEOSS Scenarios; 4.3.4 Benefit Assessment of GEOSS; 4.4 Conclusion; 4.Commentary: The Value of a Comprehensive Model; 4.C.1Introduction; 4.C.2Choice of the Model; 4.C.3Other Approaches?; References; Chapter 5: The Informative Role of Advertising and Experience in Dynamic Brand Choice: An Application to the Ready-to-Eat CerealMarket; 5.1 Introduction; 5.2 Background and Data; 5.3 Literature; 5.4 Model; 5.4.1 Setup; 5.4.2 Discussion; 5.4.3 Identification; 5.4.4 Estimation Issues; 5.4.4.1 Unobserved Consumer Heterogeneity; 5.4.4.2 Choice Set Simulation 5.4.4.3 Estimation Procedure Without Instruments |
| ISBN: | 978-94-007-4839-2 ; 1-283-63417-1 ; 978-1-283-63417-5 ; 978-94-007-4838-5 |
| Other identifiers: | 10.1007/978-94-007-4839-2 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014016029