RobinHanson comments on Scarcity - Less Wrong

32 Post author: Eliezer_Yudkowsky 27 March 2008 08:07AM

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Comment author: RobinHanson 27 March 2008 02:03:51PM 13 points [-]

This is better described as a "noisy clue" than a "bias." On average the fact that something is rare, in demand, or hidden on purpose is in fact a reason to be more interested in it. Of course sometimes people can use our willingness to follow noisy clues to fool us.