constant3 comments on Possibility and Could-ness - Less Wrong

34 Post author: Eliezer_Yudkowsky 14 June 2008 04:38AM

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Comment author: constant3 20 June 2008 03:10:00AM 0 points [-]

Hopefully Anonymous writes: I don't think "choice" is a central concept to economics. It seems pretty easy to me to reimagine every major economic theory of which I'm aware without "choosing" occuring.

Well, okay. Let me see what you mean. Let's start with revealed preference:

If a person chooses a certain bundle of goods (ex. 2 apples, 3 bananas) while another bundle of goods is affordable (ex. 3 apples, 2 bananas), then we say that the first bundle is revealed preferred to the second.

What do you propose doing about that? Keep in mind that I agree with Eliezer - my disagreement is with Knecht. So if your answer is to play Rationalist's taboo against the word 'choice', then you're not disagreeing with what I intended to say.