Information Cost Awareness

Authors

Donald R. Miller

Abstract

Although the seed for this paper was sown early in the Defense Economics and Decision making course taught at the Naval War College, it could have as easily been planted in any management curriculum where the need for information is repeatedly stressed. Lectures on decision making procedures, courses in analytical methods, and case study discussions all drive one point home: information is invaluable. It is required to observe trends, develop statistical bases, conduct day-to-day operations, and reduce the uncertainty from plans.

Recommended Citation

Miller, Donald R. (1975) "Information Cost Awareness," Naval War College Review: Vol. 28: No. 1, Article 7.
Available at: https://digital-commons.usnwc.edu/nwc-review/vol28/iss1/7