Re:The Bias Bias in Behavioral Economics
by SubiculumCode on Tuesday February 12, 2019 @03:23AM
(#19141932)
This reminds me about the supposed irrationality of emotion. An old popular view pits rationality against emotion: The more rational you are, the less emotion rules decisions, the better. The fallacy I see in this is that a rational human would acknowledge her/his humanity, and judge in agreement with empirical evidence that systematically suppressing emotion leads to certain psychoses and emotional disorders that will, ultimately, make her/him less rational. That is, to be more rational, one must allow herself to be a little irrational once in a while.
In agreement, the cognitive cost of being rational all the time is too high, and is, after all is done, irrational.
In agreement, the cognitive cost of being rational all the time is too high, and is, after all is done, irrational.