You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

lukeprog comments on The Inefficiency of Theoretical Discovery - Less Wrong Discussion

19 Post author: lukeprog 03 November 2013 09:26PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (109)

You are viewing a single comment's thread. Show more comments above.

Comment author: lukeprog 04 November 2013 05:54:15PM 1 point [-]

Relative to what?

Relative to financial markets, to which I was analogizing.

Comment author: joaolkf 04 November 2013 06:44:27PM *  1 point [-]

Ok, then the mistaken interpretation was my fault, you weren't relevantly using the theoretical/applied dimension anywhere.

About decision theory. Perhaps utility maximizers were pulled towards game theory and thence economics and more narrow minded areas, while decision theory end up being maximized for oddness sometimes. That is, people who could attend to low hanging fruits were on areas where the background assumptions were unpopular,while people who could - perhaps - understand the background assumptions couldn't care less for utility.