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If it makes your decision making worse, not better, yes.

What's the point of a model that's worse than no model? "This is really complicated and I don't understand it very well" is also a model, and sometimes the best one you have, but we'd rather fixate on a wrong model that makes us feel better about our state of knowledge.

Humans are crap.

by Colman (colman at eurotrib.com) on Mon Mar 31st, 2014 at 05:17:34 AM EST
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