The Value of Information and Control
Bodily, Samuel E.
The Value of Information and Control
QA-0468 | Published August 31, 1994 | 3 pages Technical Note
Collection: Darden School of Business
Product Details
Using a simple example, this short note demonstrates how to place a monetary value on information and control. The monetary value is the change in expected monetary value due to the change in some action taken by the decision maker.
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