We examine how information technology (IT) contributes to organizational change,labor demand, and improved productivity …

Empirical studies on information communication technologies (ICT) typically aggregate the“information” and … and information,technologies that reduce information costs enable agents to acquire more knowledge and ‘empower …

The technological developments in the areas of information and communicationtechnology have generated worldwide …

Sometimes we believe that others receive harmful information.However, Marschak’s value of information framework … information’s harmfulnessfor oneself. The impact of decision makers’ capabilities to processinformation and of their expectations … maker as a point of reference, this paperintroduces a way for evaluating others’ information from a cross …

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 …

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 …

-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 …