“physicists and mathematicians perform best in terms of “rationality” (i.e. performance according to theory) and psychologists worst. However, since “rational” behavior is only profitable when other subjects also behave rationally … the ranking in terms of profits is just the opposite: psychologists are best and physicists are worst.”
Eliezer: how does this square with Robin’s recent What Belief Conformity?
He quoted:
“physicists and mathematicians perform best in terms of “rationality” (i.e. performance according to theory) and psychologists worst. However, since “rational” behavior is only profitable when other subjects also behave rationally … the ranking in terms of profits is just the opposite: psychologists are best and physicists are worst.”