Ep 130: Steven Pinker’s ”Rationality” Ch 6 ”Risk and Reward” (Rational Choice & Expected Utility). Analysis.

1

Introduction

00:00 • 2min

2

Why We Need a New Theory of Knowledge

01:46 • 1min

3

What Is Rational Choice Theory?

03:06 • 2min

4

The Axioms of Rational Choice Theory

04:52 • 2min

5

Decision Making Is a Problem Solving Process

06:39 • 2min

6

Social Choice Theory Is Not the Same as Decision Theory

08:21 • 2min

7

Decision Making - How to Make a Decision

09:51 • 2min

8

The Probability Calculus Is Not Probablistic

11:35 • 1min

9

Decision Theory or Decision Theory?

13:05 • 2min

10

Axioms of Decision Making Theory

15:03 • 2min

11

The Axiom of Transitivity

16:39 • 2min

12

The Axioms of Decision Theory

18:19 • 2min

13

The Will of the People

20:06 • 1min

14

How to Decide Which Explanation to Adopt

21:32 • 2min

15

How to Make a Creative Decision in a Real Life Situation

23:04 • 2min

16

Can the Aircraft Make It Back to the Airport?

24:36 • 3min

17

The Decision Theory of Robert Pinker

27:17 • 2min

18

Isn't Criticism a Sign of Love?

29:39 • 2min

19

The Theory of Rational Choice

31:59 • 2min

20

Is the Theory of Rationality Irrational?

34:24 • 2min

21

The History of Decision Theory

35:56 • 2min

22

The Axioms of Rational Choice

37:46 • 3min

23

Are You Distinguishing Risk From Uncertainty?

40:21 • 2min

24

The Fifth Axis of Probability Calculus

42:17 • 3min

25

Is There a Rational Chooser in a Casino?

45:29 • 2min

26

The Theory of Rational Choice Is Not a Casino

47:44 • 2min

27

How Useful Is Utility?

49:43 • 2min

28

A Thousand Dollars for Sure, or a 50 50 Chance of Winning Two Thousand Dollars

51:21 • 2min

29

Why People Shouldn't Gamble

53:11 • 2min

30

Starting a Company Is Not the Same as Buying a Lottery Ticket

54:55 • 2min

31

The Axioms of Rational Choice

56:44 • 2min

32

The Costs of Rational Choice Are Not Trifling

58:39 • 2min

33

The Best Decision in a Real Life Situation

01:00:16 • 2min

34

Skipping a Little and Pinker

01:01:59 • 3min

35

How to Choose the Best Lottery Tickets

01:04:44 • 2min

36

Is It a Good Idea to Pick the Power Ball Ticket?

01:06:29 • 2min

37

You Can't Win if You Don't Play

01:08:41 • 2min

38

Are Contrived Gamblers?

01:10:18 • 1min

39

Cancer Patients

01:11:46 • 2min

40

Cancer

01:13:22 • 3min

41

Decision Theorists and Decision Theosophers

01:15:54 • 2min

42

Cancer Screening Is Good, but Can It Be Good?

01:18:02 • 2min

43

Is It Worth Undergoing These Scans for Prostate Specific Andigen Testing?

01:20:01 • 2min

44

Is There Wisdom in Estimating Probabilities by Outcomes?

01:21:44 • 2min

45

Can You Call Yourself Rational?

01:23:20 • 2min

46

How to Make Rational Decisions

01:25:00 • 3min