Faithin Omaha eBook Collection

Download or read book The Value of Information written by Ramanan Laxminarayan and published by Springer Science & Business Media. This book was released on 2012-08-14 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.