Value of Information

The Value of Information lesson is mapped to the Information has Value Frame and introduces the concept of information, including personal information, as a commodity which carries value and has a cost. This lesson introduces new ways of assessing the value of information. To accomplish this we:

  • Define information cost and value
  • Give an overview of the perceptions of the cost of information
  • Explore the different characteristics of value-added information
  • Identify the value of information despite its cost
  • Recognize how the commercialization of information affects information received and produced

Information Literacy Frame(s) Addressed:

Discipline(s): 
Multidisciplinary
License Assigned: 
CC Attribution-NonCommercial-ShareAlike License CC-BY-NC-SA
Other Attribution Information: 
The New Literacies Alliance is a multi-institutional collaborative effort that creates and shares a broad range of online information literacy lessons. These ACRL Framework-based lessons can be embedded in websites and LibGuides, and can be incorporated into most learning management systems. Sharing is key to our mission, so each lesson features a Creative Commons BY-NC-SA license and our content is not tied to any one institution, so educators can use and adapt the material as they see fit.