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The Subjective Value of Information


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  • Product Description
Information workers collect and disseminate information by sharing and by trading (buying and selling). The extent of information exchange by either sharing or trading is influenced by the subjective value assigned to information by users. While information is important for every aspect of work, its value has not been determined experimentally. This research describes the development of a unique research tool, a business game, focused on the subjective value of information. The game was used to examine experimentally the subjective value of information in both trading and sharing situations. Subjective value was represented by the willingness to pay or accept payment or share information in business situations. The main finding is that information ownership bears an impact on the subjective value of information as manifested by the tendency to trade in or share information. This study offers experimental demonstration of the subjective value of information previously known mainly as a theoretical concept. Assessment of subjective value and ownership of information should be considered in the design of systems.
Product Specifications
SKU :COC10276
AuthorDaphne Raban
Number of Pages120
Publishing Year5/15/2010
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-14 00:00:00