How to choose?
How to choose?
9/9/2014
link
summary
In this thought-provoking essay, the author examines the concept of rationality and challenges the notion that rationality always leads to the most optimal decisions. The article explores the limitations of human rationality, arguing that our cognitive biases and inability to accurately predict outcomes make it difficult to always make rational choices. The author poses the question of whether randomness and chance can sometimes be a more rational approach, providing examples from various fields such as economics and psychology. Ultimately, it suggests that embracing and incorporating randomness into decision-making processes can lead to more adaptive and flexible outcomes.
tags
rationality ꞏ decision making ꞏ randomness ꞏ randomness vs rationality ꞏ philosophy ꞏ cognitive psychology ꞏ game theory ꞏ probability theory ꞏ rational choice theory ꞏ behavioral economics ꞏ psychology ꞏ decision theory ꞏ uncertainty ꞏ risk ꞏ rational behavior ꞏ logical fallacies ꞏ heuristic decision making ꞏ cognitive biases ꞏ decision under uncertainty ꞏ rational thinking ꞏ rationality in decision making ꞏ randomization ꞏ counterintuitive decisions ꞏ cognitive processes ꞏ rational decision making ꞏ rational agents ꞏ human behavior ꞏ rationality and emotion ꞏ rationality and reason ꞏ rationality and intuition ꞏ rationality and instinct ꞏ rationality and evolution ꞏ rationality and culture ꞏ rationality and ethics ꞏ rationality and morality ꞏ rationality and self-interest ꞏ rationality and altruism ꞏ rationality and social welfare ꞏ rationality and group dynamics ꞏ rationality and individuality ꞏ rationality and collective decision making ꞏ rationality and public policy