Value of information

From Opasnet
Revision as of 10:27, 8 September 2008 by Jouni (talk | contribs) (first draft)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

<section begin=glossary />

Value of information (VOI) in decision analysis is the amount a decision maker would be willing to pay for information prior to making a decision.[1]<section end=glossary />

References

  1. ↑ Value of information in Wikipedia
Retrieved from "https://en.opasnet.org/index.php?title=Value_of_information&oldid=6234"