I’ve made an example for you showing how this could be done.
Notice the js but also that I changed #value into an input element
<input id="value" type="hidden" style="width:300px"/>
and that I am triggering the change
event for getting the initial values
$('#attribute').select2().on('change', function() {
$('#value').select2({data:data[$(this).val()]});
}).trigger('change');
Edit:
In the current version of select2 the class attribute is being transferred from the hidden input into the root element created by select2, even the select2-offscreen
class which positions the element way outside the page limits.
To fix this problem all that’s needed is to add removeClass('select2-offscreen')
before applying select2 a second time on the same element.
$('#attribute').select2().on('change', function() {
$('#value').removeClass('select2-offscreen').select2({data:data[$(this).val()]});
}).trigger('change');
I’ve added a new Code Example to address this issue.