Unless challenged to think otherwise, people quickly move from "Phew! Dodged a bullet on that one!" to "I'm a great bullet-dodger."

Discussing the "Near-miss bias" which they define as a tendency to "take more risk after an event in which luck played a critical role in deciding the event's [favorable] outcome."

Top Dog: The Science of Winning and Losing by Po Bronson and Ashley Merryman, page 150.

There wouldn't happen to be anything that's sort of the opposite of this, would there? Screwing up often but sporadically, not due to inherent inability but because of simple inexpertise, making you say "I'm bad at this" more often?

0JStewart7yInteresting. I wonder to what extent this corrects for people's risk-aversion. Success is evidence against the riskiness of the action.

Rationality Quotes May 2013

by katydee 1 min read3rd May 2013390 comments


Here's another installment of rationality quotes. The usual rules apply:

  • Please post all quotes separately, so that they can be upvoted or downvoted separately. (If they are strongly related, reply to your own comments. If strongly ordered, then go ahead and post them together.)
  • Do not quote yourself.
  • Do not quote from Less Wrong itself, Overcoming Bias, or HPMoR.
  • No more than 5 quotes per person per monthly thread, please.