Optical Illusions


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I take a conservative, evangelical, economistical look at things. I will be posting intermittently, for reference rather than daily reading. My Wordpress site from before 30 September 2007 is at http://rasmusen.org/x. It is searched from the search engine above.
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2 Comments:
Do you think that there is much to the idea that errors in decision making are the result of illusions?
I used to think highly of this metaphor, but I find it increasingly unhelpful.
Yes, I do think the analogy holds. We use rules of thumb that sometimes work badly and that can be improved by being warned and by careful consideration.
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