Lindstädt, Hagen - Institut für Angewandte Betriebswirtschaftslehre, … - 2001
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 …
