Information Systems in Management Science---The Decision to Inquire

Andrew Vazsonyi

Interfaces, 1976, vol. 7, issue 1, 73-80

Abstract: I have proposed an approach where the agents of an MIS are modeled by the players of a mathematical game, and where the value of information is computed by developing the optimum strategy within the game theoretical framework. In this column I present a few simple examples to clarify the nature of the proposed calculus of information.

Date: 1976
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