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SilasBarta comments on [link] I Was Wrong, and So Are You - Less Wrong Discussion

17 [deleted] 09 November 2011 04:25PM

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Comment author: SilasBarta 10 November 2011 10:38:32PM *  2 points [-]

That's just a rephrasing of the general intuition about the decision-theoretic optimality of giving a marginal unit of money to poor vs. rich people. It doesn't change the fact that people are taught in economics that preferences are ordinal, making the claim in the survey economic nonsense and therefore uninformative about the answerer's reasoning skills or economic knowledge.

A large number of causes could explain either answer: perhaps the respondent was parroting their economic "teacher's password" when they said no, rather than answering the decision-theoretic analog.