Complexity Digest 2004.05 - 08
Next issue online 09-Feb-2004
Data, Information And Knowledge: Have We Got It Right?, J. Evol. Econ.
Abstract: Economists make the unarticulated assumption that information is something that stands apart from and is independent of the processor of information and its internal characteristics. We argue that they need to revisit the (...). Some associate information with data, and others associate information with knowledge. But since none of them readily conflates data with knowledge, this suggests too loose a conceptualisation of the term information. We argue that the difference between data, information, and knowledge is in fact crucial. Information theory and the physics of information provide us with useful insights with which to build an economics of information (...).
- Source: Data, Information And Knowledge: Have We Got It Right?
[ http://www.springerlink.com/app/home/contribution.asp?wasp=a8612r45flcxqvbb4e27&referrer=parent&backto=issue,3,8;journal,1,33;browsepublicationsresults,263,515; ], M. Boisot - boisotattglobal.net, A. Canals, DOI: 10.1007/s00191-003-0181-4, Journal Of Evolutionary Economics, Jan. 2004
- Contributed by Pritha Das - prithadas01yahoo.com