Are they relevantly different? Actually, now that I think about it it seems that ‘lack of rationality’ should be a subset of ‘trying hard and failing’
I think there’s a difference between falling prey to one of the usual biases and just not having enough information.
Of course, but one can lack information and conclude “okay, I don’t have enough information”, or one may not arrive at such conclusion due to the overconfidence (for example).
Are they relevantly different? Actually, now that I think about it it seems that ‘lack of rationality’ should be a subset of ‘trying hard and failing’
I think there’s a difference between falling prey to one of the usual biases and just not having enough information.
Of course, but one can lack information and conclude “okay, I don’t have enough information”, or one may not arrive at such conclusion due to the overconfidence (for example).