Tag Archives: rationality

Among 19th century philosophers, Arthur Schopenhauer was among the first to contend that at its core, the universe is not a rational place. … Often considered to be a thoroughgoing pessimist, Schopenhauer in fact advocated ways — via artistic, moral … Continue reading

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I Nudge Myself

Many years ago, I was being driven to the airport and observed something stupid about myself. Then I used science (kind of). I remember this so clearly because it has symbolised other challenges since then. I had a bag of … Continue reading

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Evolutionary Psychology Rap (start at 09:00) Too bad Gary S Becker was left out of the shout out. Rational discounting in response to environmental factors? It’s economics as well as evo psych! Some awesome quotes: 8:54 How do you know you’re not … Continue reading

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Newton came to be thought of as the first and greatest of the modern age of scientists, a rationalist, one who taught us to think on the lines of cold and untinctured reason. I do not see him in this … Continue reading

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Irrationality in Economics, and “Subjective Probability”

I gave this talk several years ago, but you know what? It’s still pretty decent. Irrationality in Economics   The title is misleading. Like many of my titles, it’s meant to grab attention rather than be exactly correct. I was trying, … Continue reading

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Cost-Benefit Analysis

When faced with a choice, cost-benefit analysis asks: What are the possible outcomes? Who benefits and who is harmed in each of these outcomes? How much is the benefit or harm in each case?(Sometimes the harm might be multi-dimensional — … Continue reading

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