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If as a result of the acquisition of information the net benefits of delaying the implementation of a policy are effectively larger than those of implementing it now, then the value of that information equals the difference in net benefits between the two timings.
Mr. Aronson's article inadvertently echoes industry rhetoric aimed at delaying the implementation of the law.
The measure was expected to raise $540m – delaying the implementation from 1 July 2016 to 1 January 2017 has already cost the budget $40m.
"I think people will understand this argument that, while there are other countries actually delaying the implementation of this treaty, don't do anything or say anything that stops them from doing that".
The government said it was delaying the implementation of the policy for a year while it carried out a full review of the impact of the cap on tenants in supported housing.
Speaking at an event organised by campaign group Hacked Off, the former business secretary will say that a new ministerial consultation on press regulation is delaying the implementation of Leveson's recommendations, which were made following the phone-hacking scandal.
Similar(34)
This situation delays the implementation of some activities, while a few activities may not be implemented at all.
Two years ago, Democrats agreed to delay the implementation of the rules pending a study by the National Academy of Sciences.
Sports minister Tracey Crouch resigned in protest at plans to delay the implementation of curbs on FOBTs.
The decision by some of the states to dissent complicates, and could ultimately delay, the implementation of the proposed settlement decree.
The National Collegiate Athletic Association men's lacrosse committee has decided to delay the implementation of the 60-second shot clock rule until 2002.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com