Overcoming Bias: A Tale Of Two Tradeoffs
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Saved by 3 people (0 private), first by anonymouse user on 2009-01-16
- Tsuomela on 2009-02-07 - Tags psychology , perception , future , phenomenology , experience , hypocrisy , mental , management , cognition , decision-making , empathy
- Jamused on 2009-01-18 - Tags overcoming , bias , tradeoffs
- Ambioct on 2009-01-16 - Tags decision , think , starred , to-do
Public Sticky notes
It makes sense to have your mental models use more detail when what they model is closer to you in space and time, and closer to you in your social world; such things tend to be more important to you. It also makes sense to use more detail for real events over hypothetical ones, for high over low probability events, for trend deviations over trend following, and for thinking about how to do something over why to do it. So it makes sense to use detail thinking for "near", and sparse thinking for "far", in these ways.
It can make sense to have specialized mental systems for these different approaches, i.e., systems best at reasoning from detailed representations, versus systems best at reasoning from sparse abstractions. When something became important enough to think about at all you would first use sparse systems, graduating to detail systems when that thing became important enough to justify the added resources. Even then you might continue to reason about it using sparse systems, at least if you could sufficiently coordinate the two kinds of systems.
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The important interaction between these two key tradeoffs is this: near versus far seems to correlate reasonably well with when good decisions matter more, relative to good images. Decision consequences matter less for hypothetical, fictional, and low probability events. Social image matters more, relative to decision consequences, for opinions about what I should do in the distant future, or for what they or "we" should do now. Others care more about my basic goals than about how exactly I achieve them, and they care especially about my attitudes toward those people. Also, widely shared topics are better places to demonstrate mental abilities.
Thus a good cheap heuristic seems to be that image matters more for "far" thoughts, relative to decisions mattering more for "near" thoughts. And so it makes sense for social minds to allow inconsistencies between near and far thinking systems. Instead of having both systems produce the same average estimates, it can make sense for sparse estimates to better achieve a good image, while detail estimates better achieve good decisions.
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Public Comment
on 2009-02-22 by ambioct