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Medium Impact
Algorithm: Very High
Decision Making
Information Bias
"I need to research this decision for 47 more hours before acting, even though I already have enough information."
What is Information Bias?

Seeking information even when it does not affect action or improve decision-making.

Real-World Impact

Causes analysis paralysis, delays important decisions, and explains why people often over-research trivial choices.

Fun Fact

People will pay for useless information and delay decisions to gather irrelevant data, even when told the information won't help their choice.

Random Insight

"Good news: You're not as unique as you think. Bad news: You're not as rational as you think either."