https://www.worksinprogress.co/issue/biases-the-wrong-model/
Behavioural economics assumes a logically consistent model of human behaviour, then seeks to explain why actual human behaviour “deviates” from this model. It blames an ever-longer list of systemic “biases” in our decision-making methods. This cannot be right. Where did we leave our Occam’s Razor? “There are not 200 human biases. There are 200 deviations from the wrong model”…
Latest posts by Ryan Watkins (see all)
- Value Capture - April 18, 2024
- Causal Claims — Tell Me Your (Cognitive) Budget and I’ll Tell You What You Value - March 30, 2024
- Persistent interaction patterns across social media platforms and over time - March 22, 2024