INFORMATION VALUE
Keywords:
uncertainty, risk, information, knowledge, knowledge transfer, information value.Abstract
The paper intends to discuss the problem related to the knowledge transfer costs from the perspective of the economic actors as potential beneficiaries of this process. The approach uses the model for determining an optimal offer in uncertain circumstances related to the selling price and emphasizes the information value that a manger acquires in order to ease the decisional process regarding the offer level. In this context, the information value represents the total amount that the manager is willing to pay in order to get the perfect information regarding the output selling price, as a result of the difference between two levels of the average wealth utility (with and without knowledge transfer).
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References
1.Bellinger Gene, Knowledge Management-Emerging Perspective (http://www.outsights.com/systems/Kmgmt)
2.Gheorghiţă M. (2001), Modelarea şi simularea proceselor economice, Editura ASE, Bucureşti
3.Knight F. (1971), Risk, uncertainty and proft, University of Chicago Press
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8.Onicescu O., Botez M.C. (1985), Incertitudine şi modelare economică, Editura Ştiinţifcă şi Enciclopedică, Bucureşti
9.Purcaru I. (1998), Matematici fnanciare, Editura Economică, Bucureşti
2.Gheorghiţă M. (2001), Modelarea şi simularea proceselor economice, Editura ASE, Bucureşti
3.Knight F. (1971), Risk, uncertainty and proft, University of Chicago Press
4.Malinvaud Ed. (1991), Lecons de theorie microeconomique, Dunod, Paris, 4 edition
5.Mihalache S. (2004), Knowledge engineering-modeling activity, Revista Informatica economică, nr. 4(32)
6.Muntean M., Dănăiaţă D., Margea C. (2001), Managementul cunoştinţelor în societatea bazată pe cunoaştere, Revista Informatica economică, nr. 2(18)
7.Nicolescu O., Nicolescu L. (2005), Economia, frma şi managementul bazate pe cunoştinţe, Editura Economică, Bucureşti
8.Onicescu O., Botez M.C. (1985), Incertitudine şi modelare economică, Editura Ştiinţifcă şi Enciclopedică, Bucureşti
9.Purcaru I. (1998), Matematici fnanciare, Editura Economică, Bucureşti
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Published
2012-04-30
How to Cite
Mircea, G. (2012). INFORMATION VALUE. Economics of Agriculture, 59(Special nu), 318–323. Retrieved from https://ea.bg.ac.rs/index.php/EA/article/view/674
Issue
Section
Session II
