The phrase "acquiring additional information" is correct and usable in written English.
You can use it when discussing the process of gathering more data or insights on a particular topic or situation.
Example: "In order to make an informed decision, we are acquiring additional information about the market trends."
Alternatives: "gathering more information" or "collecting further details."
The value of acquiring additional information to inform a decision problem is based on the degree to which additional information will decrease this decision uncertainty.
In some cases, companies can reduce the latter by acquiring additional information and sequentially updating parameter values and then the estimate of the project's value.
As shown in Fig. 1, the economics of information theory suggests that a lender would acquire information until to the point where the marginal cost of acquiring additional information equals the marginal benefit (Goldman et al. 1978; Stigler 1961).
Medical students were particularly interested in acquiring additional information on patients' employment/disability status and to a certain extent substance use history, whereas a greater proportion of physicians reported using personal experiences to inform their decisions.
For instance, at the willingness-to-pay threshold of £5,500, the VTs strategy would accrue the maximum potential value of around £4.6 million at population level by acquiring additional information from future study.
As such, three factors have to be taken into account: the needs of the users, including the degree of tolerance or uncertainty they are willing to accept; the uncertainty structure within the analysis (i.e. where and to what degree uncertainties arise); and the costs of acquiring additional information.
In addition, the UAV may be used to acquire additional information and to perform actions.
This will enable us to acquire additional information about maintenance.
Now that the school had acquired "additional information," the official said, Carter was welcome to enroll.
Another company held regular meetings where employees shared new knowledge and determined who was best positioned to acquire additional information.
The methodology and results of each trial were assessed and attempts were made to acquire additional information from investigators when needed.
