Erratum

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 given θ is , which will exceed v as long as .