Missed Information [electronic resource] : Better Information for Building a Wealthier, More Sustainable Future /
Sarokin, David,author.
Schulkin, Jay,author.
Cambridge, MA : The MIT Press,
[2016]
Information is power. It drives commerce, protects nations, and forms the backbone of systems that range from health care to high finance. Yet despite the avalanche of data available in today's information age, neither institutions nor individuals get the information they truly need to make well-informed decisions. Faulty information and sub-optimal decision-making create an imbalance of power that is exaggerated as governments and corporations amass enormous databases on each of us. Who has more power: the government, in possession of uncounted terabytes of data (some of it obtained by cybersnooping), or the ordinary citizen, trying to get in touch with a government agency? In Missed Information, David Sarokin and Jay Schulkin explore information -- not information technology, but information itself -- as a central part of our lives and institutions. They show that providing better information and better access to it improves the quality of our decisions and makes for a more vibrant participatory society.Sarokin and Schulkin argue that freely flowing information helps systems run more efficiently and that incomplete information does just the opposite. It's easier to comparison shop for microwave ovens than for doctors or hospitals because of information gaps that hinder the entire health-care system. Better information about such social ills as child labor and pollution can help consumers support more sustainable products. The authors examine the opacity of corporate annual reports, the impenetrability of government secrets, and emerging techniques of "information foraging." The information imbalance of power can be reconfigured, they argue, with greater and more meaningful transparency from government and corporations.
Specialized.
Includes bibliographical references and index.
Information is power. It drives commerce, protects nations, and forms the backbone of systems that range from health care to high finance. Yet despite the avalanche of data available in today's information age, neither institutions nor individuals get the information they truly need to make well-informed decisions. Faulty information and sub-optimal decision-making create an imbalance of power that is exaggerated as governments and corporations amass enormous databases on each of us. Who has more power: the government, in possession of uncounted terabytes of data (some of it obtained by cybersnooping), or the ordinary citizen, trying to get in touch with a government agency? In Missed Information, David Sarokin and Jay Schulkin explore information -- not information technology, but information itself -- as a central part of our lives and institutions. They show that providing better information and better access to it improves the quality of our decisions and makes for a more vibrant participatory society.Sarokin and Schulkin argue that freely flowing information helps systems run more efficiently and that incomplete information does just the opposite. It's easier to comparison shop for microwave ovens than for doctors or hospitals because of information gaps that hinder the entire health-care system. Better information about such social ills as child labor and pollution can help consumers support more sustainable products. The authors examine the opacity of corporate annual reports, the impenetrability of government secrets, and emerging techniques of "information foraging." The information imbalance of power can be reconfigured, they argue, with greater and more meaningful transparency from government and corporations.
Mode of access: World Wide Web
Previously issued in print: 2016.
Specialized.
Information : a brief modern history -- Information and the market economy -- Healthcare through an information lens -- Corporate transparency -- Something's missing -- Where does sustainability information come from? -- Finding things out : foraging for coherence in the information age -- Openness and secrecy : the essential tension of government-held information -- Information as a policy tool : the toxics release inventory -- Tools, power, and participation : information in the decades ahead.
Description based on print version record.
Errors
Decision making.
Transparency in government.
Freedom of information.
Information services.
Information policy.
Also available in print.

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