Stuart_Armstrong comments on Risk aversion does not explain people's betting behaviours - Less Wrong

8 Post author: Stuart_Armstrong 20 August 2012 12:38PM

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Comment author: Stuart_Armstrong 21 August 2012 09:51:16AM 6 points [-]

So in other words, people's actual behaviour does not fit a (particular) simple mathematical rational model? Why is this surprising to anyone?

You haven't met many economists, have you? :-)