4 ms·
This explains a particular heuristic bias, i.e., it's a finding of cognitive psychology. The comment you're responding to talks about whether the mathematical m
by andreasvc 13y ago
This explains a particular heuristic bias, i.e., it's a finding of cognitive psychology. The comment you're responding to talks about whether the mathematical models of economics have any correspondence to reality, and if anything, this finding shows that it's difficult to make such a model (rationality cannot be assumed).