402,723 research outputs found
Hiding Ignorance Using High Dimensions
The absence of information -- entirely or partly -- is called ignorance.
Naturally, one might ask if some ignorance of a whole system will imply some
ignorance of its parts. Our classical intuition tells us yes, however quantum
theory tells us no: it is possible to encode information in a quantum system so
that despite some ignorance of the whole, it is impossible to identify the
unknown part arXiv:1011.6448. Experimentally verifying this counter-intuitive
fact requires controlling and measuring quantum systems of high dimension . We provide this experimental evidence using the transverse spatial
modes of light, a powerful resource for testing high dimensional quantum
phenomenon
The Republic of Ignorance
Ignorance is trending. Despite universal compulsory education; despite new tools for learning and great advances in knowledge; despite breathtaking increases in our ability to store, access, and share a superabundance of information - ignorance flourishes. [excerpt
Coping with unpleasant surprises in a complex world: Is rational choice possible in a world with positive information costs?
This paper provides a rational choice-based analysis of the causes and consequences of surprise events. The paper argues that ignorance may be rational, but nonetheless produce systematic mistakes, inconsistent behavior, and both pleasant and unpleasant surprises. If ignorance and unpleasant surprises are commonplace and relevant for individual and group decisionmaking, we should observe standing institutions for dealing with them - and we do. Insofar as surprises are consistent with rational choice models, but left outside most models, it can be argued that these methodological choices mistakenly limit the scope of rational choicebased research. --Ignorance,Rational Ignorance,Natural Ignorance,Bounded Rationality,Rational Choice,Biased Expectations,Crisis Management,Social Insurance,Bailouts,Economics of Information
Impartiality and Priority. Part 1: The Veil of Ignorance
The veil of ignorance has been used often as a tool for recommending what justice requires with respect to the distribution of wealth. We complete Harsanyi’s model of the veil of ignorance by appending information permitting interpersonal comparability of welfare. We show that the veil-of-ignorance conception of John Harsanyi, so completed, and Ronald Dworkin’s, when modeled formally, recommend wealth allocations in conflict with the prominently espoused view that priority should be given to the worse off with respect to wealth allocation.Impartiality, Priority, Veil of ignorance
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Valuation of knowledge and ignorance in mesolimbic reward circuitry
The pursuit of knowledge is a basic feature of human nature. However, in domains ranging from health to finance people sometimes choose to remain ignorant. Here, we show that valence is central to the process by which the human brain evaluates the opportunity to gain information, explaining why knowledge may not always be preferred. We reveal that the mesolimbic reward circuitry selectively treats the opportunity to gain knowledge about future favorable outcomes, but not unfavorable outcomes, as if it has positive utility. This neural coding predicts participants’ tendency to choose knowledge about future desirable outcomes more often than undesirable ones, and to choose ignorance about future undesirable outcomes more often than desirable ones. Strikingly, participants are willing to pay both for knowledge and ignorance as a function of the expected valence of knowledge. The orbitofrontal cortex (OFC), however, responds to the opportunity to receive knowledge over ignorance regardless of the valence of the information. Connectivity between the OFC and mesolimbic circuitry could contribute to a general preference for knowledge that is also modulated by valence. Our findings characterize the importance of valence in information seeking and its underlying neural computation. This mechanism could lead to suboptimal behavior, such as when people reject medical screenings or monitor investments more during bull than bear markets
Conceptual Inadequacy of the Shannon Information in Quantum Measurements
In a classical measurement the Shannon information is a natural measure of
our ignorance about properties of a system. There, observation removes that
ignorance in revealing properties of the system which can be considered to
preexist prior to and independent of observation. Because of the completely
different root of a quantum measurement as compared to a classical measurement
conceptual difficulties arise when we try to define the information gain in a
quantum measurement using the notion of Shannon information. The reason is
that, in contrast to classical measurement, quantum measurement, with very few
exceptions, cannot be claimed to reveal a property of the individual quantum
system existing before the measurement is performed.Comment: 11 pages, 5 figures, important Ref. [6] is now cited in all
appropriate place
Ignorance based inference of optimality in thermodynamic processes
We derive ignorance based prior distribution to quantify incomplete
information and show its use to estimate the optimal work characteristics of a
heat engine.Comment: Latex, 10 pages, 3 figure
Pressure Groups and Experts in Environmental Regulation
We study a problem of adverse selection in the context of environmental regulation, where the firm may suffer from a certain degree of ignorance about its own type. In a framework like the construction of a certain infrastructure project, the presence of ignorance about its impact on the environment, can play an important role in the determination of the regulatory policy. First, an optimal contract is constructed for any exogenous level of ignorance. Second, the presence of potentially informed third-parties is studied from the perspective of the regulator, which allows us to analyze the impact on the efficiency of the contract, of the presence of environmentalists and of experts. Then, we obtain some insights on how the problem differs when the degree of ignorance is a choice variable for the firm. We finally use our results to derive policy implications concerning the existing envoronmental regulation, and the potential role of interested parties as information providers.environmental regulation, ignorance, environmentalists, experts.
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