TY - JOUR
T1 - The impact of accessibility on the value of information and the productivity paradox
AU - Ahituv, Niv
AU - Greenstein, Gil
PY - 2005/3/1
Y1 - 2005/3/1
N2 - The value of information systems availability is analyzed in this study through theoretical models of information economics. The article employs the information structure model to assess the values of information systems under various situations, with particular examples of the impact of data accessibility level on the quality of decision-making. The study centers on the relationship between the information system's time and content characteristics and the value of the information. It suggests a method to model the utility considerations that lead to the choice of an information system. The entailed models are employed to illuminate certain facets of the productivity paradox. The results of the analysis indicate that there is a direct relationship between systems accessibility and its informativeness. Consequently, there are some aspects of the "Productivity Paradox" that may be explained by using these results. The article proves a number of theorems and discusses the theoretical and practical interpretation of the results.
AB - The value of information systems availability is analyzed in this study through theoretical models of information economics. The article employs the information structure model to assess the values of information systems under various situations, with particular examples of the impact of data accessibility level on the quality of decision-making. The study centers on the relationship between the information system's time and content characteristics and the value of the information. It suggests a method to model the utility considerations that lead to the choice of an information system. The entailed models are employed to illuminate certain facets of the productivity paradox. The results of the analysis indicate that there is a direct relationship between systems accessibility and its informativeness. Consequently, there are some aspects of the "Productivity Paradox" that may be explained by using these results. The article proves a number of theorems and discusses the theoretical and practical interpretation of the results.
KW - Blackwell Theorem
KW - Decision analysis
KW - Information economics
KW - Information structures
KW - Productivity and competitiveness
UR - http://www.scopus.com/inward/record.url?scp=5444266009&partnerID=8YFLogxK
U2 - 10.1016/j.ejor.2003.07.008
DO - 10.1016/j.ejor.2003.07.008
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AN - SCOPUS:5444266009
SN - 0377-2217
VL - 161
SP - 505
EP - 524
JO - European Journal of Operational Research
JF - European Journal of Operational Research
IS - 2
ER -
