Decision & ChoiceBias #96

Information Bias

We seek data even when it cannot change the decision.

The tendency to seek additional information even when that information has zero ability to affect the ultimate decision because gathering data feels productive.

Why it matters: Explains analysis paralysis and excessive diagnostic testing in medicine.

Watch for

Delaying decisions to gather more information when you already have enough to decide.

Try this

Before seeking more data ask: what would change my decision and can this data change it.

Real-world example

Running additional tests before making a decision when the tests cannot change the recommended course of action.

Key researchers

Jonathan Baron

First described in 1988

Psychological mechanism

Omission bias avoidance and anxiety reduction. Having more information feels like making a more informed decision even when the additional information is irrelevant. It reduces the anticipated regret of not knowing.

Seminal research

Jonathan Baron, Ralp M. Beattie, and John C. Hershey (1988), "Heuristics and biases in diagnostic reasoning."