Select a decision-oriented issue from your organization that can be measured using Applied Information Economics (AIE) to come to a specific recommendation. Write a report that describes the AIE framework as follows:
Define the decision: Measuring if distance learning in a COVID-19 environment meets or exceeds the number of hours of engagement per traditional classroom requirements (K-12), in Texas.
Determine what you know
Compute the value of additional information
Measure where information value is high
Make a decision and act on it (or prepare a detailed action plan)