Behavioral Science Dictionary

Value Of Information

Also known as: Expected value of information

Methods & Evidence

How much it is worth to learn something before you decide.

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Related terms

• Standard error
• Statistical control
• Statistical power
• Statistical significance
• Subjective Probability
• Surrogate outcome
• Systematic review
• Test-retest reliability
• Type I error
• Type II error
• WEIRD samples
• Within-subjects design

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