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# Category Archives: Rationality

## Ehud Friedgut: Blissful ignorance and the Kahneman-Tversky paradox

Tversky, Kahneman, and Gili Bar-Hillel (WikiPedia). Taken by Maya Bar-Hillel at Stanford, summer 1979. The following post was kindly contributed by Ehud Friedgut. During the past week I’ve been reading, and greatly enjoying Daniel Kahneman’s brilliant book “Thinking fast … Continue reading

## Election Day

Vox populi, vox dei! Today is the general election day in Israel. This is an exciting day. For me election is about participation much more than it is about influence and I try not to miss it. This is why … Continue reading

## Angry Bird Skepticism

Lenore Holditch is a freelance writer. Here is what she wrote to me: “I love learning about new topics, so I am confident that I can provide valuable content for your blog on any topic you wish, else I can … Continue reading

Posted in Games, Rationality
Tagged Angry bird, Lenore Holditch, Too good to be true
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## The Privacy Paradox of Rann Smorodinsky

The following paradox was raised by Rann Smorodinsky: Rann Smorodinsky’s Privacy Paradox Suppose that you have the following one-time scenario. You want to buy a sandwich where the options are a roast beef sandwich or an avocado sandwich. Choosing … Continue reading

## Test Your Intuition (11): Is it Rational to Insure a Toaster

Here is a question from last year’s exam in the course “Basic Ideas of Mathematics”: You buy a toaster for 200 NIS ($50) and you are offered one year of insurance for 24 NIS ($6). a) Is it … Continue reading

Posted in Probability, Rationality, Teaching, Test your intuition
Tagged Insurance, Test your intuition
18 Comments

## What can the Second Prize Possibly be?

You are guaranteed to win one of the following five prizes, the letter says. (And it is completely free! Just 6 dollars shipping and handling.) a) a high-definition huge-screen TV, b) a video camera, c) a yacht, d) a decorative … Continue reading

## Chess can be a Game of Luck

Can chess be a game of luck? Let us consider the following two scenarios: A) We have a chess tournament where each of forty chess players pay 50 dollars entrance fee and the winner takes the prize which is 80% … Continue reading

Posted in Controversies and debates, Economics, Games, Law, Probability, Rationality
Tagged Chess, Gambling, Games of luck, Games of skill, Poker, Robert Aumann
38 Comments

## Social Choice Talk

I took part in a workshop celebrating the publication of a new book on Social Choice by Shmuel Nitzan which took place at the Open University. (The book is in Hebrew, and an English version is forthcoming from Cambridge University Press.) … Continue reading

Posted in Economics, Games, Rationality
Tagged Arrow's theorem, Condorcet Paradox, Condorcet's jury theorem, Social choice
2 Comments

## Do Politicians Act Rationally?

Well, I wrote an article (in Hebrew) about it in the Newspaper Haaretz. An English translation appeared in the English edition. Here is an appetizer: During World War II, many fighter planes returned from bombing missions in Japan full of bullet holes. The … Continue reading

## The Mystery Beeping Riddle

We came back from the airport with our daughter who has just landed after a four-month trip to India. The car was making a strange beep every so often. Maybe it is an indicator signal that should have … Continue reading

Posted in Mathematics to the rescue, Rationality, Riddles
12 Comments