DSimon comments on Living bias, not thinking bias - Less Wrong

19 Post author: crazy88 23 September 2011 08:30AM

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Comment author: DSimon 23 September 2011 11:51:31PM 2 points [-]

But these same "biases" actually help more often than hinder in real life.

Can you provide some specific real examples of this?

Comment author: Vaniver 24 September 2011 01:46:22AM 5 points [-]

Many heuristics are sloppy, which only matters in edge cases, but much cheaper in standard use cases. Using them instead of thinking through things fully saves time and energy, though it's sometimes wrong.

Comment author: DSimon 25 September 2011 02:51:32PM *  1 point [-]

I don't know if that's usefully described as a "bias", though, provided that the person understands the tradeoffs of what they're doing. Properly used, heuristics (and other forms of estimation) lose precision, but not accuracy.