Guide · C76

Bound a learning-value heuristic

Question addressed

Which learning device merits study before deciding without confusing it with EVSI?

Direct answer

The heuristic subtracts cost and delay from a declared avoidable loss weighted by assumed reliability; it does not model possible test outcomes.

Decision supported

01Reject, investigate further or provisionally keep a learning device with its assumptions made explicit.

02The rule, the evidence and the next review date stay visible.

How to use this

Move from the question to the deliverable.

01Starting point

Which learning device merits study before deciding without confusing it with EVSI?

02Decision prepared

Reject, investigate further or provisionally keep a learning device with its assumptions made explicit.

03Deliverable to use

Learning-value heuristic

Original chart · SQ-76

Bound a learning-value heuristic

Information is valuable through the decision it can change. This framing heuristic compares a stated avoidable loss with the cost, delay and assumed reliability of the device, without claiming to calculate EVSI.

Working context

Fictitious decision between a national launch, regional pilot or deferral for an offer with uncertain adoption.

  1. 01Model without information

    Calculate the best decision under current probabilities.

  2. 02Identify switches

    Locate outcomes capable of changing the selected option.

  3. 03Bound

    Test a range of avoidable loss and device reliability.

  4. 04Compare

    Subtract cost, delay and value lost during learning.

Original element

Net heuristic of four learning devices

The proxy uses a stated avoidable loss of €140k. The regional pilot offers the best trade-off in this scenario alone.

Calculation methodNet heuristic = stated avoidable loss × assumed reliability − test cost − delay cost
No measure
€0kReference
Interviews
+€29kFast but imprecise
Study
+€21kHigh cost
Pilot
+€33kBest net value
National test
−€11kOversized
DeviceAssumed reliabilityCostDelay costNet heuristicDecision
No measurement0%€0k€0k€0kDecide now
Interviews only35%€12k€8k€29kInsufficient alone
Quantitative study60%€45k€18k€21kToo costly
Regional pilot75%€52k€20k€33kSelected
Controlled national test90%€105k€32k−€11kRejected
Decision interpretation

01The regional pilot maximises the heuristic in the stated scenario without proving that it maximises expected information value.

02The national test destroys €11k of value because its additional precision does not offset its cost.

03For the pilot, indifference with an immediate decision occurs at €53k of delay cost; above that, deciding now is preferable again.

Fictitious case. This indicator is a framing heuristic, not EVSI. Expected information value requires possible test outcomes, their probabilities and the optimal decision after each outcome.

Coherence controls

Minimum conditions before validation.

01Versioned assumptions

The status, the evidence and the owner must be available for review.

02Quantified exposure

The status, the evidence and the owner must be available for review.

03Observable triggers

The status, the evidence and the owner must be available for review.

04Fundable responses

The status, the evidence and the owner must be available for review.

Usable deliverable

Output produced

Learning-value heuristic

Explore the decision further with an interactive control, or start from a structured template to produce your deliverable.