ScottL comments on Rationality Compendium: Principle 1 - A rational agent, given its capabilities and the situation it is in, is one that thinks and acts optimally - Less Wrong Discussion
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This is a good point about taking into account the costs. I want to cover this idea in my third post which I am still writing, but will probably be something like Principle 3 – your rationality depends on the usefulness of your internal representation of the world. My view is that truth seeking should be viewed as an optimization process. If it doesn't allow you to become more optimal, then it is not worth it. I have a post about this here.