The DOI matches its Crossref record; 75 of the 75 references it cites were found in a registry or an index.
Data, information and knowledge: have we got it right?
Abstract
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 distinctions they have drawn between data, information, and knowledge. 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 appropriate to the needs of the emerging information economy.
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Cites
Theory of the firm: Managerial behavior, agency costs and ownership structure
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A Mathematical Theory of Communication
Shannon, C. E. (1948) · Bell System Technical Journal · doi:10.1002/j.1538-7305.1948.tb00917.x · Cited by 48,949
The Structure of Scientific Revolutions
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Tversky, A., & Kahneman, D. (1975) · Utility, Probability, and Human Decision Making · doi:10.1007/978-94-010-1834-0_8 · Cited by 22,650
Quantum Computation and Quantum Information
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An Evolutionary Theory of Economic Change.
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Cited by
Digitisation, Big Data and the transformation of accounting information
Bhimani, A., & Willcocks, L. (2014) · Accounting and Business Research · doi:10.1080/00014788.2014.910051 · Cited by 542
Otto, B. (2011) · Communications of the Association for Information Systems · doi:10.17705/1cais.02903 · Cited by 144
Metadata
- Authors
- Boisot, M., & Canals, A.
- Venue
- Journal of Evolutionary Economics
- Published
- 2004-01-01
- Volume
- 14
- Issue
- 1
- Pages
- 43-67
- ISSN
- 0936-9937 (ISSN-L)
- 1432-1386
- OpenAlex
- W2165702558
- Cited by
- 266
- References
- 75
- FWCI
- 10.48
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
