Sunday, December 16, 2007

Attention Economics: Human attention is a scarce commodity

"In an information-rich world, the wealth of information
means a scarcity of whatever it is that information consumes.

What information consumes is rather obvious:
it consumes the attention of its recipients.

Hence a wealth of information creates a poverty of attention
and a need to allocate that attention efficiently
among the overabundance of information sources that might consume it."

-Herbert Simon

DS 112 e-booklet project based on the chosen book from the library (December 5)

   Convene the members of your book project. Be sure that you have read and studied your chosen material. Submit an e-booklet featuring/insp...