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The research of the senior author was supported by N.S.F. Grant SOC-77-14517. We would also like to thank Ellery Eells for pointing out a serious error in an earlier draft of this paper.
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Adams, E.W., Rosenkrantz, R.D. Applying the Jeffrey decision model to rational betting and information acquisition. Theor Decis 12, 1–20 (1980). https://doi.org/10.1007/BF00154655
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DOI: https://doi.org/10.1007/BF00154655