On 7/31/2012 11:10 AM, R AM wrote:
On 7/30/2012 7:05 PM, Russell Standish wrote:
With complete information, a totally rational being makes optimal
choices, and has no free will, but always beats an irrational being.

Conversely, with incomplete information, a rational being will make a
wrong choice, or simply fail to make a choice at all, and so is
usually beaten by an irrational being.
With incomplete information, a rational being will make the best
choice under the available information and would beat an irrational
being most of the time.

Right. I don't think 'complete information' is even a well defined concept. It's only a good approximation in games like chess, but in life all decisions are made on incomplete information with finite future horizons and uncertainty about the value of different outcomes.


You received this message because you are subscribed to the Google Groups 
"Everything List" group.
To post to this group, send email to everything-list@googlegroups.com.
To unsubscribe from this group, send email to 
For more options, visit this group at 

Reply via email to