Value of information (VOI or VoI) is the amount a decision maker would be willing to pay for information prior to making a decision.
Read more about Value Of Information: Similar Terms, Characteristics, Computation, Free Will, Bibliography
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“Theories of child development and guidelines for parents are not cast in stone. They are constantly changing and adapting to new information and new pressures. There is no “right” way, just as there are no magic incantations that will always painlessly resolve a child’s problems.”
—Lawrence Kutner (20th century)