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Definitions for "Expected value of perfect information"
Keywords:  perfect, expost, evpi, uncertain, decision
Related Terms: Final value estimate, Expectation, Reconciliation, Actual value, Expected value, Return value, Valuation, Economic value, Market approach to value, Cost approach, Interpolate, Property appraisal, Estimating, Approaches to value, Value at risk, Valuation method, Cost approach to value, Earned value analysis, Estimation, Best value, Eev, Appraisal, Appraised value, Rational expectations, Index, Contingent valuation, Current value, Appraise, Assessment ratio, Estimate, Evaluation, Value, Valuation, Business valuation, Residual, Appraisal report, Rfm, Accrued depreciation, Income approach, Estimate, Added value, Allocation method, Market data approach, Discounted cash flow analysis, Income approach to value, Home appraisal, Discounting, Full cash value, Floor
is the difference between the expected value with (additional) perfect information and the expected value with current information. The expected value of perfect information is the maximum amount a decision maker should pay for additional information that gives a perfect signal as to the state of nature.
ventureline.com
The average or expected value of information if it were completely accurate. The information is perfect in here.
cs.usask.ca
The expected value if the future uncertain outcomes could be known minus the expected value with no additional information.
biz.yahoo.com
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