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The thesis comprises three essays on the reasons for and consequences of poorly-informed decision-making. Chapter 1 investigates active avoidance of information as a source of uninformed decision-making. Next to providing input for subsequent decisions information may trigger undesirable...
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Actors in various settings have been increasingly relying on algorithmic tools to support their decision-making. Much of the public debate concerning algorithms - especially the associated regulation of new technologies - rests on the assumption that humans can assess the quality of algorithms....
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This paper presents a complete, choice-based, axiomatic Bayesian decision theory. It introduces a new choice set …
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