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nyan_sandwich comments on Knowing About Biases Can Hurt People - Less Wrong
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"For a true Bayesian, information would never have negative expected utility."
Is this true in general? It seems to me that if a Bayesian has limited information handling ability, then they need to give some thought (not too much!) to the risks of being swamped with information and of spending too many resources on gathering information.
The cost of gathering or processing the information may exceed the value of information, but the information is always positive value; At worst, you do nothing different, and the rest of the time you make a more informed choice.