October 28, 2002
12:40 PM Subscribe
Here is an excellent article on
Rationality versus Values. Personally though, I'd rather be free of more mundane risks such as traffic accidents than say, extraordinary risks such as being held hostage in a theatre... but that's just my opinion.
posted by titboy (10 comments total)
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It has long been recognized that rationality should not drive all decisions. The classic example used in business school is of the sports stadium where strong sunlight falls constantly on one side of the stadium, potentially burning half the crowd. The rational answer would be to segregate attendees by skin color, with those with darker skins assigned to the sunny side of the stadium. Of course the suggestion outrages us, because as a culture we place a higher value on freedom from discrimination than we do on protection from sunburn.
Rational, but not optimal, I'd say. Rational would be to sell the sunny side of the stadium as the "cheap seats" and charge more to sit in the shade. (Hey, this is a business school example, I should be allowed to play shameless capitalist... Better that than racist, I'd say.)
posted by wanderingmind at 12:45 PM on October 28, 2002