Re: [Fwd: Exuberance Is Rational]

From: Eliezer S. Yudkowsky (
Date: Tue Feb 13 2001 - 18:49:41 MST

> In the ordered world of economics, this rated as a heresy on the
> scale of Galileo.

It's all complete orthodoxy to me. Framing effects, loss aversion,
Kahneman and Tversky, non-normative decision making... I never learned it
any other way.

If there was an academic revolution here, it's clearly over.

-- -- -- -- --
Eliezer S. Yudkowsky
Research Fellow, Singularity Institute for Artificial Intelligence

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