An experimental study of the value of information

The value that is placed on information by managers, who are the users of information systems, is an important construct in all aspects of systems design, development and evaluation. This study uses a multidimensional attribute approach to assess the value of information and reports on tests of hypotheses related to differences that have been assumed to exist among managers in various functional areas and at various hierarchical levels in a business firm. The results generally fail to confirm the existence of such differences.