For minor choices, I like the strategy (I may actually have heard it here) “flip a coin, see how you feel about the result, and act on that feeling”.
Formally, this is a good use for meta-probability assignments; the greater the variance in the probability distribution over [the difference in expected utilities after gathering more information], the greater the payoff of seeking information.
For minor choices, I like the strategy (I may actually have heard it here) “flip a coin, see how you feel about the result, and act on that feeling”.
Formally, this is a good use for meta-probability assignments; the greater the variance in the probability distribution over [the difference in expected utilities after gathering more information], the greater the payoff of seeking information.