I'm inclined to think that having perfect information (or as close to it as possible) can lead to "analysis paralysis". Generally speaking, the more information

I'm inclined to think that having perfect information (or as close to it as possible) can lead to "analysis paralysis". Generally speaking, the more information you have, the more you can see all the possible upsides and downsides that might occur as the result of a given choice. This makes everyone prone to not making a choice at all -- some people manage this tendency better than others -- and this can be worse than making even a bad choice. While you were trying to optimize an outcome, the opportunity passes you by. In this respect, imperfect information can make a difficult choice easier to make. So yes, so there is such a thing as too much information. Some people just manage it better than others.