Ep 130: Steven Pinker’s ”Rationality” Ch 6 ”Risk and Reward” (Rational Choice & Expected Utility). Analysis.
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Skipping a Little and Pinker
In choosing a college, we might first rule out the ones without a lacross team. We may consider its attributes one by one, whittling down the choices by a process of elimination. When experimental participants are put in the manager's shoes, many of them make intransitive sets of choice without realizing it.
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