Quasi option value is the maximum a person would pay for new information that reduces
A)risk
B)probability of losing any money
C)uncertainty
D)expected value

Name: Quasi option value is the maximum a person would pay for new information that reduces A)risk B)probability of losing any money C)uncertainty D)expected value
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Question

Quizplus · Accepted Answer

Quasi option value is the value of new information that reduces uncertainty. The other options (A, B, and D) do not fully capture the concept of uncertainty reduction.

Quasi Option Value Is the Maximum a Person Would Pay