The Value of Information

Methodological Frontiers and New Applications in Environment and Health

Business & Finance, Management & Leadership, Operations Research, Management Science
Cover of the book The Value of Information by , Springer Netherlands
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Author: ISBN: 9789400748392
Publisher: Springer Netherlands Publication: August 14, 2012
Imprint: Springer Language: English
Author:
ISBN: 9789400748392
Publisher: Springer Netherlands
Publication: August 14, 2012
Imprint: Springer
Language: English

The book examines applications in two disparate fields linked by the importance of valuing information: public health and space. Researchers in the health field have developed some of the most innovative methodologies for valuing information, used to help determine, for example, the value of diagnostics in informing patient treatment decisions. In the field of space, recent applications of value-of-information methods are critical for informing decisions on investment in satellites that collect data about air quality, fresh water supplies, climate and other natural and environmental resources affecting global health and quality of life.

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The book examines applications in two disparate fields linked by the importance of valuing information: public health and space. Researchers in the health field have developed some of the most innovative methodologies for valuing information, used to help determine, for example, the value of diagnostics in informing patient treatment decisions. In the field of space, recent applications of value-of-information methods are critical for informing decisions on investment in satellites that collect data about air quality, fresh water supplies, climate and other natural and environmental resources affecting global health and quality of life.

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