Information value theory

Author(s)
Howard, R. A.
Year
Abstract

In this paper the theory of value of information that arises from considering jointly the problabilistic and economic factors that affect decisions is discussed and illustrated. Numerical values can be assigned to the elimination or reduction of any uncertainty.

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Publication

Library number
A 5911
Source

IEEE Transaction on systems science and cybernetics, August 1966, p. 22-26

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