{"id":"https://openalex.org/W2237052233","doi":"https://doi.org/10.1016/0304-4068(91)90002-b","title":"The value of information - An axiomatic approach","display_name":"The value of information - An axiomatic approach","publication_year":1991,"publication_date":"1991-01-01","ids":{"openalex":"https://openalex.org/W2237052233","doi":"https://doi.org/10.1016/0304-4068(91)90002-b","mag":"2237052233"},"language":"en","primary_location":{"id":"doi:10.1016/0304-4068(91)90002-b","doi":"https://doi.org/10.1016/0304-4068(91)90002-b","is_oa":false,"landing_page_url":"https://doi.org/10.1016/0304-4068(91)90002-b","pdf_url":null,"source":{"id":"https://openalex.org/S202934171","display_name":"Journal of Mathematical Economics","issn_l":"0304-4068","issn":["0304-4068","1873-1538"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","jufo-1","norway-1","poland-70","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Mathematical Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5008912193","display_name":"Itzhak Gilboa","orcid":"https://orcid.org/0000-0002-6062-7660","observed_orcids":["https://orcid.org/0000-0002-6062-7660"]},"institutions":[{"id":"https://openalex.org/I111979921","display_name":"Northwestern University","ror":"https://ror.org/000e0be47","country_code":"US","type":"education","lineage":["https://openalex.org/I111979921"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Itzhak Gilboa","raw_affiliation_strings":["Kellogg Graduate School of Management, Northwestern University, Evanston, IL 60208, USA","Northwestern University [Evanston] (633 Clark Street, Evanston, IL 60208 Evanston - United States)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Kellogg Graduate School of Management, Northwestern University, Evanston, IL 60208, USA","institution_ids":["https://openalex.org/I111979921"]},{"raw_affiliation_string":"Northwestern University [Evanston] (633 Clark Street, Evanston, IL 60208 Evanston - United States)","institution_ids":["https://openalex.org/I111979921"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5035394711","display_name":"Ehud Lehrer A","orcid":"https://orcid.org/0000-0002-9247-2026","observed_orcids":["https://orcid.org/0000-0002-9247-2026"]},"institutions":[{"id":"https://openalex.org/I111979921","display_name":"Northwestern University","ror":"https://ror.org/000e0be47","country_code":"US","type":"education","lineage":["https://openalex.org/I111979921"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ehud Lehrer","raw_affiliation_strings":["Kellogg Graduate School of Management, Northwestern University, Evanston, IL 60208, USA","Northwestern University [Evanston] (633 Clark Street, Evanston, IL 60208 Evanston - United States)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Kellogg Graduate School of Management, Northwestern University, Evanston, IL 60208, USA","institution_ids":["https://openalex.org/I111979921"]},{"raw_affiliation_string":"Northwestern University [Evanston] (633 Clark Street, Evanston, IL 60208 Evanston - United States)","institution_ids":["https://openalex.org/I111979921"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I111979921"],"apc_list":{"value":2840,"currency":"USD","value_usd":2840},"apc_paid":null,"fwci":0.6641,"has_fulltext":false,"cited_by_count":50,"citation_normalized_percentile":{"value":0.75119441,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"20","issue":"5","first_page":"443","last_page":"459"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9711999893188477,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9711999893188477,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10991","display_name":"Game Theory and Voting Systems","score":0.012900000438094139,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.006099999882280827,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/value-of-information","display_name":"value of information","score":0.984000027179718},{"id":"https://openalex.org/keywords/bayesian-decision-making","display_name":"Bayesian decision making","score":0.8309999704360962},{"id":"https://openalex.org/keywords/axiomatization","display_name":"axiomatization","score":0.8059999942779541},{"id":"https://openalex.org/keywords/cooperative-game-theory","display_name":"cooperative game theory","score":0.9190000295639038},{"id":"https://openalex.org/keywords/informative-function","display_name":"information function","score":0.6449999809265137}],"concepts":[{"id":"https://openalex.org/C167729594","wikidata":"https://www.wikidata.org/wiki/Q17736","display_name":"Axiom","level":2,"score":0.6661174297332764},{"id":"https://openalex.org/C2780841128","wikidata":"https://www.wikidata.org/wiki/Q5073781","display_name":"Characterization (materials science)","level":2,"score":0.645726203918457},{"id":"https://openalex.org/C92424840","wikidata":"https://www.wikidata.org/wiki/Q7912772","display_name":"Value of information","level":2,"score":0.6142966151237488},{"id":"https://openalex.org/C2780009758","wikidata":"https://www.wikidata.org/wiki/Q6804172","display_name":"Measure (data warehouse)","level":2,"score":0.5695732831954956},{"id":"https://openalex.org/C125773388","wikidata":"https://www.wikidata.org/wiki/Q792542","display_name":"Axiomatic system","level":3,"score":0.5388175845146179},{"id":"https://openalex.org/C14036430","wikidata":"https://www.wikidata.org/wiki/Q3736076","display_name":"Function (biology)","level":2,"score":0.5320338606834412},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.5301657319068909},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5297727584838867},{"id":"https://openalex.org/C2778572836","wikidata":"https://www.wikidata.org/wiki/Q380933","display_name":"Space (punctuation)","level":2,"score":0.5283573269844055},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5135693550109863},{"id":"https://openalex.org/C2776377510","wikidata":"https://www.wikidata.org/wiki/Q4202250","display_name":"Information space","level":2,"score":0.43628495931625366},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.43442851305007935},{"id":"https://openalex.org/C2986080485","wikidata":"https://www.wikidata.org/wiki/Q1331926","display_name":"Decision maker","level":2,"score":0.4150826930999756},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3902207612991333},{"id":"https://openalex.org/C124101348","wikidata":"https://www.wikidata.org/wiki/Q172491","display_name":"Data mining","level":1,"score":0.22381198406219482},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.20496204495429993},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.12400567531585693},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.10364550352096558},{"id":"https://openalex.org/C171250308","wikidata":"https://www.wikidata.org/wiki/Q11468","display_name":"Nanotechnology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.0},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"doi:10.1016/0304-4068(91)90002-b","doi":"https://doi.org/10.1016/0304-4068(91)90002-b","is_oa":false,"landing_page_url":"https://doi.org/10.1016/0304-4068(91)90002-b","pdf_url":null,"source":{"id":"https://openalex.org/S202934171","display_name":"Journal of Mathematical Economics","issn_l":"0304-4068","issn":["0304-4068","1873-1538"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","jufo-1","norway-1","poland-70","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Mathematical Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:nwu:cmsems:835","doi":null,"is_oa":false,"landing_page_url":"http://www.kellogg.northwestern.edu/research/math/papers/835.pdf","pdf_url":"http://www.kellogg.northwestern.edu/research/math/papers/835.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.739.7855","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.739.7855","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.math.tau.ac.il/%7Elehrer/Papers/value%20of%20information.pdf","raw_type":"text"},{"id":"mag:3122951619","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:hal:journl:hal-00753232","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:HAL:hal-00753232v1","doi":null,"is_oa":false,"landing_page_url":"https://hec.hal.science/hal-00753232","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4405252976","host_organization_name":"Centre pour la Communication Scientifique Directe","host_organization_lineage":["https://openalex.org/I4405252976"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Mathematical Economics, 1991, vol. 20, issue 5, pp. 443-459. &#x27E8;10.1016/0304-4068(91)90002-B&#x27E9;","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:eee:mateco:v:20:y:1991:i:5:p:443-459","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/0304-4068(91)90002-B","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/221194","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/221194","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.6800000071525574,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1535889276","https://openalex.org/W1552582326","https://openalex.org/W1965761421","https://openalex.org/W1998788558","https://openalex.org/W2053205169","https://openalex.org/W2053486838","https://openalex.org/W2074624294","https://openalex.org/W2087698439","https://openalex.org/W2112794046","https://openalex.org/W3123247249"],"related_works":["https://openalex.org/W1484040470","https://openalex.org/W2174058071","https://openalex.org/W7099528868","https://openalex.org/W2528627191","https://openalex.org/W7100655159","https://openalex.org/W2005440647","https://openalex.org/W2464979590","https://openalex.org/W2232674540","https://openalex.org/W2310816885","https://openalex.org/W1577411586"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-25T09:29:13.331239","created_date":"2016-06-24T00:00:00"}
