Value Of Information
Value of Information is a decision-analytic metric that quantifies the maximum amount a decision-maker should be willing to pay to obtain additional information prior to making a choice, thereby reducing uncertainty and potentially improving the expected net benefit of the selected decision in the context of cost-effectiveness and pharmacoeconomic modeling.
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Information ValueVoi
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On Information and Sufficiency
S. Kullback, R. A. Leibler · The Annals of Mathematical Statistics · 1951 · 20K citations · Full text
Eugene F. Fama · The Journal of Finance · 1991 · 5.2K citations · Full text
On the Rate of Gain of Information
W. E. Hick · Quarterly Journal of Experimental Psychology · 1952 · 2.2K citations
Learning the value of information in an uncertain world
Timothy E.J. Behrens, Mark W. Woolrich, Mark E. Walton et al. · Nature Neuroscience · 2007 · 2.2K citations
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Stanford University
Stanford, United States
31 h-index
61 publications
8.9K citations
Carnegie Mellon University
Pittsburgh, United States
21 h-index
50 publications
6K citations
University of California, Berkeley
Berkeley, United States
20 h-index
42 publications
4.8K citations
University of Pennsylvania
Philadelphia, United States
19 h-index
33 publications
6.2K citations
Northwestern University
Evanston, United States
19 h-index
24 publications
3.3K citations
Massachusetts Institute of Technology
Cambridge, United States
18 h-index
37 publications
4K citations
University of California, Los Angeles
Los Angeles, United States
18 h-index
27 publications
4.7K citations
University of Michigan
Ann Arbor, United States
18 h-index
46 publications
2.7K citations
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Repository · 77 publications · 2.7K citations
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JET · 30 publications · 1.7K citations
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JASIS · 28 publications · 1.8K citations
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