The Social Value of Information Technology: How IT Investments Enhance Hospital Reputation

Architects are often unable or unwilling to explore the information which is available to them, and their failure to do so limits the social value of their work. At the Welsh School of Architecture, architects of tomorrow are given training in information research, and practising architects have been given similar training through Continuing Professional Development courses. Architecture libraries have a vital role to play in encouraging and enabling architects to undertake adequate research, utilising the potential of information technology to provide ready access to a widening range of networked information.

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The social value of information on product quality

Economics Letters ◽

10.1016/j.econlet.2013.11.003 ◽

2014 ◽

Vol 122 (2) ◽

pp. 140-143 ◽

Cited By ~ 7

Author(s):

Kenneth S. Corts

Keyword(s):

Product Quality ◽

Value Of Information ◽

Social Value ◽

The Social

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Real Rigidity, Nominal Rigidity, and the Social Value of Information

The American Economic Review ◽

10.1257/aer.20110865 ◽

2016 ◽

Vol 106 (1) ◽

pp. 200-227 ◽

Cited By ~ 17

Author(s):

George-Marios Angeletos ◽

Luigi Iovino ◽

Jennifer La'O

Keyword(s):

Business Cycle ◽

Value Of Information ◽

Social Value ◽

Cycle Model ◽

Pricing Decisions ◽

Nominal Rigidity ◽

The Social ◽

State Of The Economy ◽

Business Cycle Model ◽

The Business Cycle

Does welfare improve when firms are better informed about the state of the economy and can thus better coordinate their production and pricing decisions? We address this question in an elementary business-cycle model that highlights how the dispersion of information can impede both kinds of decisions and, in this sense, be the source of both real and nominal rigidity. Within this context we develop a taxonomy for how the social value of information depends on the two rigidities, on the sources of the business cycle, and on the conduct of monetary policy. (JEL D21, D82, D83, E32, E52)

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Cournot competition and the social value of information

Journal of Economic Theory ◽

10.1016/j.jet.2014.07.011 ◽

2015 ◽

Vol 158 ◽

pp. 466-506 ◽

Cited By ~ 30

Author(s):

David P. Myatt ◽

Chris Wallace

Keyword(s):

Value Of Information ◽

Cournot Competition ◽

Social Value ◽

The Social

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The Social Cost of Social Value Creation

Advances in Business Information Systems and Analytics - Enterprise Information Systems Design, Implementation and Management ◽

10.4018/978-1-61692-020-3.ch023 ◽

2010 ◽

pp. 371-380

Author(s):

Jonatan Jelen ◽

Marko Kolakovic

Keyword(s):

Information Technology ◽

Value Creation ◽

Social Cost ◽

Social Value ◽

Regulatory Capture ◽

Regulatory Arbitrage ◽

Complex Information ◽

The Social ◽

Social Value Creation ◽

Nature Of Information

Google, eBay, Amazon, Facebook, Myspace, Craig’s List and their foreign equivalents, such as the Chinese QQ and Baidu, for example, are ostensibly complex, and – more troublesome - their attitudes are becoming increasingly contradictory, controversial, and conflicted: For one, Tom Malone’s decade-old predictions of a decentralized network of a multitude of small, cooperating firms did not materialize; to the contrary and counter to the spirit of the democratic nature of information and information technology, these e-giants are defining their own industries and defying regulation, submitting the participants in their respective markets to proprietary rules via three central tenets: regulatory capture, regulatory arbitrage, and regulatory opportunism. In the present critical chapter the authors explore these traits of the Complex Information Technology-Intensive firms and formulate elements of a framework for their ambiguous nature that may lead to social cost exceeding their initially glorified social value creation.

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