Learning Patterns, Decision Approach, and Value of Information

This paper reports on research designed to provide insights into the relationships between different information structures, decision approaches of decision makers and learning patterns. The motivation for the study arose from the work done previously by Mock [16]. This section of this paper summarizes the research findings from [16], and develops a motivation for investigating the additional decision-information variables. Some research findings regarding these variables are then summarized, followed by a discussion of the results of this study.