Principlev1
Calculate delay cost as cost-per-day multiplied by
Calculate delay cost as cost-per-day multiplied by deliberation duration and stop when it exceeds expected improvement from additional information.
Why This Is a Principle
Derives from System 2 being effortful and serial (Cognition Operates Through Dual Processing Systems) and bounded rationality (Human beings make decisions under conditions of incomplete). Provides a specific heuristic for when to terminate deliberation based on cost-benefit analysis of continued thinking.