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The Shape Of Probability - Harry Crane

The Joe Walker Podcast

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Is the Theory of Probability for How People Think a Good Model?

Kahneman: If people are in such large numbers violating this rule, then obviously it must be that the probability that this model of probability for how people think isn't a good model. They're not living up to the paradigm of reason. I still can't think of a kind of a model that explains this or kind of a better way of explaining this. It points to a question of which of the two things should take precedence?

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