Information, which means the interpretation of different data by people, represents different values for different users. The determination of the value of information is subjective for two reasons. It is difficult to determine the volume of profit gained by having the information, while the value of information is also influenced by its authenticity. This article describes a method for objective decision-making, using the theory of probability to determine the value of information. The value of information is determined by the analysis of the expected value of the income. Changes in the expected value of the income are presented in the form of four cases, in which the degree of available information is varied. Information can be absolutely...
The objective of this study is to find suitable methods of information measurement and characterizat...
The paper considers the concept of the information as one of properties of the objective reality whe...
An information transaction entails the purchase of information. Formally, it consists of an informat...
Information, which means the interpretation of different data by people, represents different values...
Information is very important in the current economy. The first objective of this study is to presen...
The growing awareness of information cannot be overemphasized; nevertheless, there is the question o...
abstract (introduction): the problem of information has been studied up to now only to a small exten...
Several approaches to assessing the value of information are reviewed and their usability is discuss...
Subjective judgments regarding information are important for the design of information systems. This...
The increasing importance of information in contemporary societies, as well as the paradoxes of info...
Information plays a key role in many decision situations. The rapid advancement in communication tec...
In this paper, the definition of information and data are presented with examples illustrating the d...
This doctoral thesis examines the value of information in settings, where two or more agents interac...
This paper reflects on the concept of the 'Expected Value of Perfect Information' (EVPI) and the pro...
This article lays the conceptual foundations for the study of the market value of information commod...
The objective of this study is to find suitable methods of information measurement and characterizat...
The paper considers the concept of the information as one of properties of the objective reality whe...
An information transaction entails the purchase of information. Formally, it consists of an informat...
Information, which means the interpretation of different data by people, represents different values...
Information is very important in the current economy. The first objective of this study is to presen...
The growing awareness of information cannot be overemphasized; nevertheless, there is the question o...
abstract (introduction): the problem of information has been studied up to now only to a small exten...
Several approaches to assessing the value of information are reviewed and their usability is discuss...
Subjective judgments regarding information are important for the design of information systems. This...
The increasing importance of information in contemporary societies, as well as the paradoxes of info...
Information plays a key role in many decision situations. The rapid advancement in communication tec...
In this paper, the definition of information and data are presented with examples illustrating the d...
This doctoral thesis examines the value of information in settings, where two or more agents interac...
This paper reflects on the concept of the 'Expected Value of Perfect Information' (EVPI) and the pro...
This article lays the conceptual foundations for the study of the market value of information commod...
The objective of this study is to find suitable methods of information measurement and characterizat...
The paper considers the concept of the information as one of properties of the objective reality whe...
An information transaction entails the purchase of information. Formally, it consists of an informat...