Map and Territory (Rationality: From AI to Zombies Book 1)

Logic requires that people find universal laws, but outside of scientific fields and once human psychology has a role to play, it is perfectly possible for behavior to become contradictory. A tax rise can cause you to work less because the returns of your labor are lower, or work harder to maintain your present level of disposable wealth. There are... See more

Falk Lieder, Ming Hsu, and Tom Griffiths showed that the ‘rational’ solution to this computational constraint is to over-sample extreme outcomes. That is, you should apply something like the availability heuristic by calling those more extreme (easily accessible) outcomes to mind. The result is a biased estimate, but one that is optimal given the f... See more

previous decisions. Only 22 percent voted for option C, while 78 percent chose option D, the risky strategy. Most doctors were now acting just like Frank: they were rejecting a guaranteed gain in order to participate in a questionable gamble. Of course, this is a ridiculous shift in preference. The two different questions examine identical dilemmas

... See more