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Value of Information

TagLast edit: 11 Aug 2020 16:01 UTC by brook

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

Priv­ileg­ing the Question

Qiaochu_Yuan29 Apr 2013 18:30 UTC
169 points
312 comments2 min readLW link

Value of In­for­ma­tion: 8 examples

gwern18 May 2012 23:45 UTC
75 points
43 comments7 min readLW link

The VNM in­de­pen­dence ax­iom ig­nores the value of information

kilobug2 Mar 2013 14:36 UTC
15 points
48 comments1 min readLW link

5-sec­ond level case study: Value of information

Kaj_Sotala22 Nov 2011 13:44 UTC
36 points
6 comments7 min readLW link

Value of In­for­ma­tion: Four Examples

Vaniver22 Nov 2011 23:02 UTC
113 points
60 comments10 min readLW link

How to Mea­sure Anything

lukeprog7 Aug 2013 4:05 UTC
92 points
52 comments22 min readLW link

Les­sons on Value of In­for­ma­tion From Civ

johnswentworth7 Oct 2020 18:18 UTC
51 points
6 comments3 min readLW link

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

Davidmanheim22 Jan 2016 19:12 UTC
8 points
21 comments3 min readLW link

VOI is Only Non­nega­tive When In­for­ma­tion is Un­cor­re­lated With Fu­ture Action

Diffractor31 Aug 2018 5:13 UTC
22 points
2 comments2 min readLW link
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