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		<title>Bounded Rationality</title>
		<link>http://2012hoax.wikidot.com/forum/t-608976/bounded-rationality</link>
		<description>Posts in the discussion thread &quot;Bounded Rationality&quot; - Heavy going, but useful as background to how people make real life decisions.</description>
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		<lastBuildDate>Sat, 11 Apr 2026 23:54:20 +0000</lastBuildDate>
		
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				<guid>http://2012hoax.wikidot.com/forum/t-608976#post-1670654</guid>
				<title>Re: Bounded Rationality</title>
				<link>http://2012hoax.wikidot.com/forum/t-608976/bounded-rationality#post-1670654</link>
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				<pubDate>Wed, 26 Dec 2012 08:58:48 +0000</pubDate>
				<wikidot:authorName>TheGreatJuju</wikidot:authorName>				<wikidot:authorUserId>469590</wikidot:authorUserId>				<content:encoded>
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						 <blockquote> <p>Might be more useful than our own speculations about &quot;why do people believe X?&quot;</p> </blockquote> <p>Bounded rationality proffers the assumption that your typical sapient agent makes decisions on the basis of imperfect information. However, on this site we've been just as likely to deal with individuals who have perfectly good information, but are unable to accept it or choose to ignore it. This is why I myself have often answered the question of &quot;why&quot; by noting a spectrum of possibilities &#8212; ignorance, anxiety, gullibility, delusion, dishonesty, boredom, cruelty &#8212; with the caveat that all we can do ultimately is respond to arguments and claims, not psychoanalyze those who make them.</p> <p>In terms of people who actually believe fantastic claims, I think <a href="http://www.newscientist.com/article/mg21028156.300-the-end-is-always-nigh-in-the-human-mind.html">this explanation</a> by Michael Shermer<sup class="footnoteref"><a id="footnoteref-56701-1" href="javascript:;" class="footnoteref" >1</a></sup> is far more relevant to what we see and do around here, and it has the benefit of being targeted at a casual audience.</p> <div class="footnotes-footer"> <div class="title">Footnotes</div> <div class="footnote-footer" id="footnote-56701-1"><a href="javascript:;" >1</a>. Originally linked to <a href="http://www.2012hoax.org/forum/t-599174">by Astrogeek</a> a few weeks ago.</div> </div> 
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				<guid>http://2012hoax.wikidot.com/forum/t-608976#post-1670635</guid>
				<title>Re: Bounded Rationality</title>
				<link>http://2012hoax.wikidot.com/forum/t-608976/bounded-rationality#post-1670635</link>
				<description></description>
				<pubDate>Wed, 26 Dec 2012 08:10:56 +0000</pubDate>
				<wikidot:authorName>Volcarona</wikidot:authorName>				<wikidot:authorUserId>1506841</wikidot:authorUserId>				<content:encoded>
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						 <p>Hey, I'm having trouble understanding the link myself. Maybe you should offer up your own interpretation before asking questions?</p> <p>Not trying to be rude, but&#8230;.</p> 
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				<guid>http://2012hoax.wikidot.com/forum/t-608976#post-1670257</guid>
				<title>Re: Bounded Rationality</title>
				<link>http://2012hoax.wikidot.com/forum/t-608976/bounded-rationality#post-1670257</link>
				<description></description>
				<pubDate>Tue, 25 Dec 2012 18:50:35 +0000</pubDate>
				<wikidot:authorName>obaeyens</wikidot:authorName>				<wikidot:authorUserId>612249</wikidot:authorUserId>				<content:encoded>
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						 <p>The question is, do you understand yourself what you just gave the link to?<br /> What is this link saying in your own words?</p> 
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				<guid>http://2012hoax.wikidot.com/forum/t-608976#post-1670064</guid>
				<title>Bounded Rationality</title>
				<link>http://2012hoax.wikidot.com/forum/t-608976/bounded-rationality#post-1670064</link>
				<description></description>
				<pubDate>Tue, 25 Dec 2012 13:17:08 +0000</pubDate>
				<wikidot:authorName>paddymagee</wikidot:authorName>				<wikidot:authorUserId>1399470</wikidot:authorUserId>				<content:encoded>
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						 <p>&quot;Environmental Policy Theory Given Bounded Rationality and Other-regarding Preferences&quot;<br /> Elisabeth Gsottbauer · Jeroen C. J. M. van den Bergh</p> <p><a href="http://sallan.org/pdf-docs/Gsottbauer_EnviroPolicy_BehavEcon.pdf">http://sallan.org/pdf-docs/Gsottbauer_EnviroPolicy_BehavEcon.pdf</a></p> <p>Might be more useful than our own speculations about &quot;why <strong>do</strong> people believe X?&quot;</p> 
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