The irrationality paradox

Gerd Gigerenzer

doi:10.1017/S0140525X04310083

Abstract:

In the study of judgmental errors, surprisingly little thought is spent on what constitutes good and bad judgment. I call this simultaneous focus on errors and lack of analysis of what constitutes an error, the irrationality paradox. I illustrate the paradox by a dozen apparent fallacies; each can be logically deduced from the environmental structure and an unbiased mind.

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