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Value of Information

Edited by Ruby, brook last updated 11th Aug 2020

Value of Information (VoI) is a concept from decision analysis: how much answering a question allows a decision-maker to improve its decision.

See also: Bayes theorem, Decision Theory

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Posts tagged Value of Information

230Privileging the Question

12y

312

121How to Measure Anything

12y

55

84Value of Information: 8 examples

13y

44

12Evaluating the ROI of Information

6mo

3

151Break your habits: be more empirical

15y

33

138Value of Information: Four Examples

14y

58

73Costs and Benefits of Scholarship

14y

109

54Lessons on Value of Information From Civ

5y

6

52Experimental longtermism: theory needs data

Jan_Kulveit, technicalities

3y

0

42Information Assets

4y

3

365-second level case study: Value of information

14y

5

30Unit Test Everything

DirectedEvolution

3y

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15The VNM independence axiom ignores the value of information

13y

48

8Map:Territory::Uncertainty::Randomness – but that doesn’t matter, value of information does.

10y

21

31VOI is Only Nonnegative When Information is Uncorrelated With Future Action

7y

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