Once they have observed information, hindsight biased agents fail to remember how ignorant they were initially, they knew it all along. We formulate a theoretical model of this bias, providing a foundation for empirical measures, and implying that hindsight biased agents learning about...

Once they have observed information, hindsight-biased agents fail to remember how ignorant they were initially; "they knew it all along." We formulate a theoretical model of this bias, providing a foundation for empirical measures and implying that hindsight-biased agents learning about...