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Re:Dan Ariely and Irrational Comparison by vaidhy on Tuesday August 04, 2020 @12:37PM (#24051681)
I was originally fascinated by this book and others like it. During the course of my reading, I stumbled upon Gerd Gigerenzer and I learnt a different interpretation. In short, most of these experiments assume full information is available to the testers and make an argument about rational process. As such, their applicability in real life is small, in specific edge cases. The question we should ask and answer is that, in a world of partial, incorrect and misleading information, what is the most rational judgement to make? And that mostly matches with how we behave.

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