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On a Characterization of Information Improvement
Journal of Applied Probability
Vol. 12, No. 2 (Jun., 1975), pp. 407-411
Published by: Applied Probability Trust
Stable URL: http://www.jstor.org/stable/3212459
Page Count: 5
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The object of this paper is to characterize an information theoretic measure associated with three probability distributions known as 'Information Improvement' through a functional equation which arises by considering the additive property of the measure. This measure has been extensively used in economic analysis.
Journal of Applied Probability © 1975 Applied Probability Trust