MixedNuts comments on Rationality Quotes: June 2011 - Less Wrong

4 Post author: Oscar_Cunningham 01 June 2011 08:17AM

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Comment author: MixedNuts 23 June 2011 02:44:07PM 0 points [-]

Once again, the problem isn't "How do I ignore rules and go with my gut?", it's "What do I do when my gut says 'Search me'?". So your answer isn't so much "random until satisficing by intuitive standards", and more like "random". Which is dominated by rules if rules exist, and the current best candidate if they don't.

Comment author: MattFisher 23 June 2011 03:33:41PM 1 point [-]

Ah. So if I understand correctly, your intuition on what will satisfice sometimes returns zero information, which certainly happens to me sometimes and I would guess most people. In that situation, I switch from optimising on the decision as presented, and optimise on <choose and implement decision procedure> + <decision as presented>.

In most cases, the variance in utility over the spread of outcomes of the decision is outweighed by the reduced cognitive effort and anxiety in the simplified decision procedure. Plus there's the chance of exposure to an unexpected benefit.

In other words, there may be a choice that is better than the current best candidate (however that was derived), and rules may exist that dominate "random", but it's not worth your time and effort to figure them out.