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In the context of decision making under risk, additional information can be seen as a resource for the improvement of … decision quality. The value of this improved quality is usually measured using Marschak´s concept of the value of information …. From this point of view, human information processing can easily be understood as a production process transforming the …
Persistent link: https://www.econbiz.de/10009005125
The productivity of (human) information processing as an economicactivity is a question raising some interest. Using … information processing function has repeatedconvexities with ongoing processing activity. Even for smooth changesin the signals …
Persistent link: https://www.econbiz.de/10009005126
Der Beitrag klassifiziert zunächst die für personales Verhalten bedeutsamen Beschränkungen der menschlichen Informationsverarbeitungskapazität in vier Katego-rien und charakterisiert die mengenmäßige Informationsüberlastung als diejenige Kategorie, bei der die mengenmäßige Kapazität...
Persistent link: https://www.econbiz.de/10009005127
-Bayesian way. Individuals either overweigh or underweigh (in Bayesian terms)their private information relative to the public … information revealed by the decisions of othersand each individual’s updating rule is private information. First, we consider a …
Persistent link: https://www.econbiz.de/10009022165
parties. However, deficiencies withrespect to the usefulness of the traditional accounting-type information have been …
Persistent link: https://www.econbiz.de/10009022228
Ratings und Evaluationen erfüllen in ihrer gemeinsamen Bedeutung als Bewertungen undEinschätzungen mediative Aufgaben. Mit der Entstehung der Evaluation von Zielen undZwecken für eher nicht wirtschaftlich unternehmerische Organisation gegenüber derEntwicklung an wirtschaftlichen...
Persistent link: https://www.econbiz.de/10009128143
Spatial datasets contain information relating to the locations of incidents of a disease or otherphenomena. Appropriate … analysis of such datasets can reveal information about the distribution of casesof the phenomena. Areas that contain higher …
Persistent link: https://www.econbiz.de/10009128191
integrated travel information. A major part ofthe initiative is the provision of a journey planning service, encompassing route …-time information systems, dataexchange agreements etc.)In 2001 the Welsh Assembly Government set-up, and continues to coordinate, an …
Persistent link: https://www.econbiz.de/10009128192
Joe is one a small group of influential economists who brought theorizing aboutdevelopment processes to a new level. In trying to understand the reasons why low pooreconomies remain so, he was among the first to appreciate the importance of informationand contracting issues. His seminal...
Persistent link: https://www.econbiz.de/10009248810
Mass media can play a key role in enabling citizens to monitor the actions of incumbents and to use this information in … ofthe approach taken here is to focus on incentives the media have to produceand disseminate information.[...] …
Persistent link: https://www.econbiz.de/10009248843