IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Amount and Utility of Information Values: Two Cases of the Two Most Misunderstood Quality Attributes

Amount and Utility of Information Values: Two Cases of the Two Most Misunderstood Quality Attributes
View Free PDF
Author(s): Zbigniew J. Gackowski (California State University Stanislaus, USA)
Copyright: 2006
Pages: 5
Source title: Emerging Trends and Challenges in Information Technology Management
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-019-6.ch016
ISBN13: 9781616921286
EISBN13: 9781466665361

Abstract

This is a comparative technology-independent case approach to theory based views of operations quality requirements for data and information values. Two contrasting cases illustrate the intricate relationship between the amount of information as defined by Shannon and Weaver and the utility value of information as defined by Kofler. Simple examples illustrate the role of quantity and utility value of information in decision-making within business environments. They are discussed by referring to the ontological, evolutional, and teleological frameworks proposed for assessing operations quality of data/information values

Body Bottom