How Well Does Ecological Rationality Work?

The Giga Renz's adaptive toolkit of fast and frugal heuristics perform better in certain environments than rational choice theory. As soon as you ask the question, does ecological rationality work? Does it lead to correct or justify conclusions? Well, they come from a normative model. If you're trying to end up with a quantitative estimate of your degree of credence in a hypothesis, then Baysrul is the way to go. Formalogic is the relevant normative model for true premises.