A Comment on "The Ecological Rationality of State-Dependent Valuation".
Year: 2016
Type: preprint
Abstract: McNamara, Trimmer, and Houston [2012] claim to provide an explanation of certain systematic deviation from rational behavior using a mechanism that could arise through natural selection. We provide an arguably much simpler explanation. To argue convincingly that the type of mechanism proposed by McNamara et al. is adaptive, and is likely to be selected for by natural selection, one must argue that, in some sense, it is a better approach than the simple strategies that we propose.
Source: arXiv (Cornell University)
Authors: Joseph Y. Halpern, Lior Seeman
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2537501720