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By contrast, Landauer, Penrose and Bennett concluded that information acquisition does not have an intrinsic cost, but information erasure does.
Szilard, Gabor and Brillouin thought that such arguments led to the conclusion that information acquisition had an intrinsic cost.
This approach lead Szilard to conclude that information acquisition had an intrinsic thermodynamic cost.
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Additional individual analysis indicates that the information acquisition behavior assumed by learning models appears to suggest the learning rule subjects follow.
It successfully captures the different learning speeds of two groups of subjects (i.e., informed and uninformed subjects), and shows that once information acquisition data is added into a structural model that focuses on action data alone, the performance is enhanced.
This increases the value of better information for other nutrients, and favors alleles that improve information acquisition for these nutrients, thus increasing the respective mutations in frequency, and so on.
Surprisingly, it was the self-reported rather than actual knowledge about nutrition that predicted the alcohol moderation and the information acquisition behaviour from food labels.
Compared with the previous works, the information acquisition platform we designed is more simple and effective.
Our experimental software controls the information acquisition process of the subjects.
Our new tool is based on the Mouselab paradigm, with the addition that not only information acquisition and choices but also subjective organization of information can be assessed and analyzed.
We show that the latter provides higher incentives for information acquisition and that the welfare loss associated with price cap regulation — with respect to the optimal regulatory mechanism — increases when the issue of information acquisition is considered.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com