Signalling and status are useful tools, but if they can explain any behavior then they explain nothing. I want status, yes, of course, I’m human. But I also want to be loved. And I want the safety and stability that risk aversion brings.
I’m not in danger of confusing every bias with a terminal value. Falling for the conjunction fallacy doesn’t seem to help me get anything I want.
But I am genuinely uncertain about where, whether, and how much my biases and values overlap.
I would argue that your perception of bias vs. value is based on what you (unconsciously) perceive would signal higher status.
Signalling and status are useful tools, but if they can explain any behavior then they explain nothing. I want status, yes, of course, I’m human. But I also want to be loved. And I want the safety and stability that risk aversion brings.
I’m not in danger of confusing every bias with a terminal value. Falling for the conjunction fallacy doesn’t seem to help me get anything I want.
But I am genuinely uncertain about where, whether, and how much my biases and values overlap.