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The Accounting Review Vol. 48 No. 2 1973

Comments on Mock's Concepts of Information Value.

Richard B. Lea

Senior Consultant, Feat, Marwick, Mitchell & Co., Chicago 1

Abstract

The article presents the author's views on the concepts of information value, in reference to an article written by Theodore J. Mock for the October 1971 issue of the periodical "The Accounting Review." The author says that Mock attempted to extend the theoretical work of information economics from a decision value focus into model and feedback information value. The author adds that Mock's definitions of information value add nothing new to the theoretical work of information economics. Furthermore, the measure of information value that has been previously developed in information economics subsumes the measures of Mock.

DOI
10.2308/tar-4504723
Volume
48
Issue
2
Pages
389-393
Language
en
Sources
openalex crossref

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