The value of information in Newcomb's Problem and the Prisoners' Dilemma

✍ Scribed by Paul Snow

• Publisher: Springer US
• Year: 1985
• Tongue: English
• Weight: 199 KB
• Volume: 18
• Category: Article
• ISSN: 0040-5833
• DOI: 10.1007/bf00134069

✦ Synopsis

The acts in Newcomb's Problem and the Prisoner's Dilemma are viewed as experiments. The cost of the information yielded by each act-experiment is compared to the value of information in the two problems, which is zero. The non-dominant act-experiments cost more than their information is worth, and are therefore rejected.