People Prefer More Information About Uncertainty, but Perform Worse When Given This Information: An Explanation of the Paradoxical Phenomenon | SpringerLink
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People Prefer More Information About Uncertainty, but Perform Worse When Given This Information: An Explanation of the Paradoxical Phenomenon

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Fuzzy Information Processing 2023 (NAFIPS 2023)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 751))

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Abstract

In a recent experiment, decision makers were asked whether they would prefer having more information about the corresponding situation. They confirmed this preference, and such information was provided to them. However, strangely, the decisions of those who received this information were worse than the decisions of the control group – that did not get this information. In this paper, we provide an explanation for this paradoxical situation.

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Acknowledgments

This work was supported in part by the National Science Foundation grants 1623190 (A Model of Change for Preparing a New Generation for Professional Practice in Computer Science), HRD-1834620 and HRD-2034030 (CAHSI Includes), EAR-2225395, and by the AT &T Fellowship in Information Technology.

It was also supported by the program of the development of the Scientific-Educational Mathematical Center of Volga Federal District No. 075-02-2020-1478, and by a grant from the Hungarian National Research, Development and Innovation Office (NRDI).

Author information

Authors and Affiliations

  1. School of Computing and Augmented Intelligence, Arizona State University, 699 S Mill Ave, Tempe, AZ, 85281, USA

    Jieqiong Zhao

  2. Department of Teacher Education, University of Texas at El Paso, 500 W. University, El Paso, TX, 79968, USA

    Olga Kosheleva

  3. Department of Computer Science, University of Texas at El Paso, 500 W. University, El Paso, TX, 79968, USA

    Vladik Kreinovich

Authors
  1. Jieqiong Zhao
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  2. Olga Kosheleva
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  3. Vladik Kreinovich
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Corresponding author

Correspondence to Vladik Kreinovich .

Editor information

Editors and Affiliations

  1. University of Cincinnati, Cincinnati, OH, USA

    Kelly Cohen

  2. Thales Avionics, Cincinnati, OH, USA

    Nicholas Ernest

  3. DigiPen Institute of Technology, Redmond, WA, USA

    Barnabas Bede

  4. Department of Computer Science, University of Texas at El Paso, El Paso, TX, USA

    Vladik Kreinovich

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Zhao, J., Kosheleva, O., Kreinovich, V. (2023). People Prefer More Information About Uncertainty, but Perform Worse When Given This Information: An Explanation of the Paradoxical Phenomenon. In: Cohen, K., Ernest, N., Bede, B., Kreinovich, V. (eds) Fuzzy Information Processing 2023. NAFIPS 2023. Lecture Notes in Networks and Systems, vol 751. Springer, Cham. https://doi.org/10.1007/978-3-031-46778-3_36

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