Re: Extremists due to strong priors?

2000-07-20 Thread Robin Hanson
Fred Foldvary wrote: It seems you posit that people who reason will be inflexible, and those who don't will be flexible and go with the crowd, which won't happen to be where reason would lead. But under this theory, how do you explain that the people on the *other* side from you of the

Re: Extremists due to strong priors?

2000-07-20 Thread Alex Tabarrok
Consider the following model. If you are ignorant it's reasonable to adopt what you perceive as the consensus view but unreasonable to hold that view firmly since you haven't investigated the issue in any depth. If you investigate the issue (you receive a series of signals) it

Re: Extremists due to strong priors?

2000-07-20 Thread William Sullivan
At 02:46 PM 7/20/00 -0400, Robin Hanson wrote: Another problem is that people have to be unaware of other people's positions, otherwise they could update on that and then should all end up at the same place. I'm not clear why they'd have to be ignorant of other people's positions. It seems that

Re: Extremists due to strong priors? (Out of Country)

2000-07-20 Thread Shireen Pasha
I will be out of the country between July 21st and August 20th. Shireen Pasha