Information workers collect and disseminate information by sharing and by trading (buying and selling). The extent of information exchange by either sharing or trading is influenced by the subjective value assigned to information by users. While information is important for every aspect of work, its value has not been determined experimentally. This research describes the development of a unique research tool, a business game, focused on the subjective value of information. The game was used to examine experimentally the subjective value of information in both trading and sharing situations. Subjective value was represented by the willingness to pay or accept payment or share information in business situations. The main finding is that information ownership bears an impact on the subjective value of information as manifested by the tendency to trade in or share information. This study offers experimental demonstration of the subjective value of information previously known mainly as a theoretical concept. Assessment of subjective value and ownership of information should be considered in the design of systems.
Product Identifiers
Publisher
Lap Lambert Academic Publishing
ISBN-13
9783838302263
eBay Product ID (ePID)
103949704
Product Key Features
Author
Daphne Raban
Publication Name
The Subjective Value of Information
Format
Paperback
Language
English
Subject
Business
Publication Year
2010
Type
Textbook
Number of Pages
120 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
186g
Additional Product Features
Title_Author
Daphne Raban
Country/Region of Manufacture
Germany
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