Free Will
Special care is needed when the choice being made for a decision can influence how an uncertainty resolves in the future. Having a perfect or imperfect information on such uncertainty implies that the choice to be made can be inferred prior to making such choice. This circular logic is against free will principle and thus extra works are needed to represent and solve for VoI properly.
Read more about this topic: Value Of Information
Famous quotes containing the words free will and/or free:
“He writes free verse, I’m told, and he is thought
To be the author of the Seven Freedoms:
Free Will, Trade, Verse, Thought, Love, Speech, Coinage.”
—Robert Frost (1874–1963)
“In New York—whose subway trains in particular have been “tattooed” with a brio and an energy to put our own rude practitioners to shame—not an inch of free space is spared except that of advertisements.... Even the most chronically dispossessed appear prepared to endorse the legitimacy of the “haves.””
—Gilbert Adair, British author, critic. “Cleaning and Cleansing,” Myths and Memories (1986)
“A free spirit takes liberties even with liberty itself.”
—Francis Picabia (1878–1953)