On the market value of information commo
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Mowshowitz, Abbe
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Article
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1992
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John Wiley and Sons
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English
β 781 KB
The derived-demand price of an information commodity depends on the commodity's cost impact on a user's production process. We model an arbitrary production process as a collection of interrelated tasks which can be represented in the form of a production digraph. The nodes of the digraph represent