Information propagation based on information value

Author(s):  
Yu Gao ◽  
Ping Kuang
2004 ◽  
Author(s):  
Joan E. Ricart-Costa ◽  
Brian Subirana ◽  
Josep Valor-Sabatier

Author(s):  
V. V. Goncharova

The increasing interest towards abstracting as a type of analytical and synthetical information processing due to science globalization trend, is emphasized. The professionals who study this primary information compression are bibliographers, linguists, and information specialists. The author argues that modern professors and students all have to and must learn abstracting in accordance with the international standards for scientific, research, reference and instructional works.The author points to the diversity of the national lexicographical studies and, based on the abstracts index obtained as a result of her study, characterizes the current trends in abstracting linguistic dictionaries. The key user groups are defined. Publishers’ abstracts of dictionaries are discussed and represented. The example of dictionary Internet-based abstract analysis is given (50 items). Based on the abstracts texts, main negative factors to impact information value of this secondary information source are revealed, that is: lacking data essential for users, incomplete description of targeted readership, etc.The author introduces a model plan for digital guides of Russian lexicographical works and complements the plan with the systematic aspect analysis. She concludes that abstracting is an intellectually intensive process. It is underexplored as far as lexicographical works are concerned, and offers many possibilities for further studies.


2017 ◽  
Vol 21 (3) ◽  
pp. 623-639 ◽  
Author(s):  
Tingting Zhang ◽  
William Yu Chung Wang ◽  
David J. Pauleen

Purpose This paper aims to investigate the value of big data investments by examining the market reaction to company announcements of big data investments and tests the effect for firms that are either knowledge intensive or not. Design/methodology/approach This study is based on an event study using data from two stock markets in China. Findings The stock market sees an overall index increase in stock prices when announcements of big data investments are revealed by grouping all the listed firms included in the sample. Increased stock prices are also the case for non-knowledge intensive firms. However, the stock market does not seem to react to big data investment announcements by testing the knowledge intensive firms along. Research limitations/implications This study contributes to the literature on assessing the economic value of big data investments from the perspective of big data information value chain by taking an unexpected change in stock price as the measure of the financial performance of the investment and by comparing market reactions between knowledge intensive firms and non-knowledge intensive firms. Findings of this study can be used to refine practitioners’ understanding of the economic value of big data investments to different firms and provide guidance to their future investments in knowledge management to maximize the benefits along the big data information value chain. However, findings of study should be interpreted carefully when applying them to companies that are not publicly traded on the stock market or listed on other financial markets. Originality/value Based on the concept of big data information value chain, this study advances research on the economic value of big data investments. Taking the perspective of stock market investors, this study investigates how the stock market reacts to big data investments by comparing the reactions to knowledge-intensive firms and non-knowledge-intensive firms. The results may be particularly interesting to those publicly traded companies that have not previously invested in knowledge management systems. The findings imply that stock investors tend to believe that big data investment could possibly increase the future returns for non-knowledge-intensive firms.


Author(s):  
Guang Zou ◽  
Kian Banisoleiman ◽  
Arturo González

A challenge in marine and offshore engineering is structural integrity management (SIM) of assets such as ships, offshore structures, mooring systems, etc. Due to harsh marine environments, fatigue cracking and corrosion present persistent threats to structural integrity. SIM for such assets is complicated because of a very large number of rewelded plates and joints, for which condition inspections and maintenance are difficult and expensive tasks. Marine SIM needs to take into account uncertainty in material properties, loading characteristics, fatigue models, detection capacities of inspection methods, etc. Optimising inspection and maintenance strategies under uncertainty is therefore vital for effective SIM and cost reductions. This paper proposes a value of information (VoI) computation and Bayesian decision optimisation (BDO) approach to optimal maintenance planning of typical fatigue-prone structural systems under uncertainty. It is shown that the approach can yield optimal maintenance strategies reliably in various maintenance decision making problems or contexts, which are characterized by different cost ratios. It is also shown that there are decision making contexts where inspection information doesn’t add value, and condition based maintenance (CBM) is not cost-effective. The CBM strategy is optimal only in the decision making contexts where VoI > 0. The proposed approach overcomes the limitation of CBM strategy and highlights the importance of VoI computation (to confirm VoI > 0) before adopting inspections and CBM.


2021 ◽  
Vol 11 (9) ◽  
pp. 3754
Author(s):  
René Reiss ◽  
Frank Hauser ◽  
Sven Ehlert ◽  
Michael Pütz ◽  
Ralf Zimmermann

While fast and reliable analytical results are crucial for first responders to make adequate decisions, these can be difficult to establish, especially at large-scale clandestine laboratories. To overcome this issue, multiple techniques at different levels of complexity are available. In addition to the level of complexity their information value differs as well. Within this publication, a comparison between three techniques that can be applied for on-site analysis is performed. These techniques range from ones with a simple yes or no response to sophisticated ones that allows to receive complex information about a sample. The three evaluated techniques are immunoassay drug tests representing easy to handle and fast to explain systems, ion mobility spectrometry as state-of-the-art equipment that needs training and experience prior to use and ambient pressure laser desorption with the need for a highly skilled operator as possible future technique that is currently under development. In addition to the measurement of validation parameters, real case samples are investigated to obtain practically relevant information about the capabilities and limitations of these techniques for on-site operations. Results demonstrate that in general all techniques deliver valid results, but the bandwidth of information widely varies between the investigated techniques.


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