Heterodox
Cognitive-affective bias. Short post but really a long one considering the links, which are useful in gaining understanding as well as justifying claims.Stumbling and MumblingWhy we are wrongChris Dillow | Investors Chronicle
Read More »Gigerenzer: “The Bias Bias in Behavioral Economics,” including discussion of political implications — Andrew Gelman
Gerd Gigerenzer takes aim at Daniel Kahneman, Richard Thaler and Cass Sunstein for being uncritical and going too far. While not endorsing rational choice theory, he stresses that the truth lies between the extremes of rationality and irrationality and claims behavioral economics tends to over emphasize irrationality consequent on cognitive-effective bias. It's neither reason or all bias, either all or mostly, but a combination of rationality and irrationality.Statistical Modeling, Causal...
Read More »Matthew Davis — Who believes fake news? Study identifies 3 groups of people
The results showed that people prone to delusional thinking, religious fundamentalists, and dogmatists tended to believe all news, regardless of plausibility. Big ThinkWho believes fake news? Study identifies 3 groups of people Matthew Davis
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