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Lumifer comments on Open Thread March 21 - March 27, 2016 - Less Wrong Discussion
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I admit that I don't get the explanation. Wouldn't both approaches lead to the same thing?
The two approaches might but not necessarily will lead you to the same thing. I suspect that part of the tension is between "theoretically correct" and "works better in practice" which in theory should match but in practice do not often enough.
Here is what looks to be the major Gigerenzer paper.