EVPI (Expected Value of Perfect Information)
#2
(14-04-2020, 11:26 PM)Deju Wrote: Dear all,

Is it realistic to have a negative EVPI if the investments prior to uncertainty resolution is similar for both perfect information and  stochastic scenarios?

Any suggestions is much appreciated.

Regards,
Dejene

Dear Dejene, 

As I undertstand, EVPI is in theory larger or equal to zero. 

But more interesting, why are you calculating this value? What is your uncertainty? In my opinion, EVPI has a limited practical value in long-term TIMES models.

Pernille
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RE: EVPI (Expected Value of Perfect Information) - by Pernille.S - 16-04-2020, 12:49 PM

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