Abstract

On page 119 of “The Relationship Between Perfect and Imperfect Information in a Two-Action Risk-Sensitive Problem,” by J. Eric Bickel (Decision Analysis, Vol. 5, No. 3, September 2008, pp. 116–128) , the text in the last paragraph was corrected to read: Without loss of generality, we assume that the information signal is unit normal and therefore the conditional mean of [Formula: see text] given θ is [Formula: see text], which will exceed v as long as [Formula: see text].

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