The Signal and The Noise - Nate Silver
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Nate Silver (On the Edge, The Signal and the Noise, Baseball Between the Numbers) is a statistician, author, and founder of FiveThirtyEight. Nate joins the Armchair Expert to discuss his youthful aspirations for a starter job as US president with a promotion to baseball commis ...
Being rational necessarily involves engagement with probability. Given two possible courses of action, it can be rational to prefer the one that could possibly result in a worse outcome, if there's also a substantial probability for an even better outcome. But one's attitude t ...