ECONOMICS OF INFORMATION SYSTEMS

Abstract

The paper presents a study of the rational choice-making of an individual from among available information systems, or available components of such systems. The availability constraint specifies, in particular, the costs and the delays associated with given components, or with chains or networks of components, of information systems. The available set depends on the choices made by suppliers. Joint choices by demanders and suppliers would determine which information systems are in fact produced and used under given external conditions. These conditions include the technological knowledge of those concerned.

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Document Details

Document Type
Technical Report
Publication Date
Nov 01, 1969
Accession Number
AD0699890

Entities

People

  • Jacob Marschak

Organizations

  • University of California, Los Angeles

Tags

Communities of Interest

  • Biomedical
  • Energy and Power Technologies
  • Human Systems
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Additives (Chemicals)
  • Channel Capacity
  • Coding
  • Computer Programming
  • Decoding
  • Engineers
  • Information Processing
  • Information Systems
  • Information Theory
  • Notation
  • Operations Research
  • Probability
  • Probability Distributions
  • Production
  • Statistics
  • Symbols
  • Theorems

Readers

  • Logistics and Supply Chain Management.
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.