October 19, 2010

The Question
What is meant by value of information? When does information have value? What are state-of-the-practice methods to ascribe value to information?
What we found
This report presents the results of a workshop on the “value of information,” held at Resources for the Future in June 2010.
Why it matters
Interest in the economic value of information has taken center stage in recent years, as policymakers face the burden of justifying large public investment in data on health and environmental issues.