satt comments on Epistemic and Instrumental Tradeoffs - Less Wrong

20 Post author: katydee 19 May 2013 07:49AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (22)

You are viewing a single comment's thread. Show more comments above.

Comment author: satt 19 May 2013 05:07:14PM 1 point [-]

And when applying/calculating VoI, allow for the opportunity cost of harvesting information. A truth might have positive VoI in itself, but its effective net VoI might be negative if reaching that truth eats up one's time, money, attention, effort, or other resources.