Typically, the “optimal thinking” argument gets brought up here in the context of evolutionary psychology. Loss aversion makes sound reproductive sense when you’re a hunter-gatherer, and performing a Bayesian update carefully doesn’t help all that much. But times have changed, and humans have not changed as much.
Typically, the “optimal thinking” argument gets brought up here in the context of evolutionary psychology. Loss aversion makes sound reproductive sense when you’re a hunter-gatherer, and performing a Bayesian update carefully doesn’t help all that much. But times have changed, and humans have not changed as much.