Rationality vs Intelligence: In 2002, the cognitive scientist Daniel Kahneman of Princeton University won the Nobel Prize in Economics for work done with his longtime collaborator Amos Tversky (who died in 1996).
Their work had to do with judgment and decision-making ― what makes our thoughts and actions rational or irrational. They explored how people make choices and assess probabilities, and uncovered basic errors that are typical in decision-making.
The thinking errors they uncovered are not trivial mistakes in a parlor game. To be rational means to adopt appropriate goals, take the appropriate action given one's goals and beliefs, and hold beliefs that are commensurate with available evidence. It means achieving one's life goals using the best means possible.
To violate the thinking rules examined by Kahneman and Tversky thus has the practical consequence that we are less satisfied with our lives than we might be.
Research conducted in my own laboratory has indicated that there are systematic individual differences in the judgment and decision-making skills that Kahneman and Tversky studied.
Ironically, the Nobel Prize was awarded for studies of cognitive characteristics that are entirely missing from the most well-known mental assessment device in the behavioral sciences: intelligence tests.
Scientists and laypeople alike tend to agree that "good thinking" encompasses sound judgment and decision-making ― the type of thinking that helps us achieve our goals. Yet assessments of such good (rational) thinking are nowhere to be found on IQ tests.
Intelligence tests measure important things, but they do not assess the extent of rational thought. This might not be such a grave omission if intelligence were a strong predictor of rational thinking.
But my research group found just the opposite: it is a mild predictor at best, and some rational thinking skills are totally dissociated from intelligence.
To an important degree, intelligence tests determine the academic and professional careers of millions of people in many countries.
Children are given intelligence tests to determine eligibility for admission to school programs for the gifted. Corporations and the military depend on assessment and sorting devices that are little more than disguised intelligence tests.
Perhaps some of this attention to intelligence is necessary, but what is not warranted is the tendency to ignore cognitive capacities that are at least equally important: the capacities that sustain rational thought and action.
Critics of intelligence tests have long pointed out that the tests ignore important parts of mental life, mainly non-cognitive domains such as socio-emotional abilities, empathy, and interpersonal skills.
But intelligence tests are also radically incomplete as measures of cognitive functioning, which is evident from the simple fact that many people display a systematic inability to think or behave rationally despite having a more than adequate IQ.
For a variety of reasons, we have come to overvalue the kinds of thinking skills that intelligence tests measure and undervalue other important cognitive skills, such as the ability to think rationally.
Psychologists have studied the major classes of thinking errors that make people less than rational.
They have studied people's tendencies to show incoherent probability assessments; to be overconfident in knowledge judgments; to ignore the alternative hypothesis; to evaluate evidence with a "my side" bias; to show inconsistent preferences because of framing effects; to over-weigh short-term rewards at the expense of long-term well-being; to allow decisions to be affected by irrelevant context; and many others.
All of these categories of failure of rational judgment and decision-making are very imperfectly correlated with intelligence ― meaning that IQ tests tend not to capture individual differences in rational thought.
Intelligence tests measure mental skills that have been studied for a long time, whereas psychologists have only recently had the tools to measure the tendencies toward rational and irrational thinking. ...
Pessimism of the Intellect, Optimism of the Will Favorite posts | Manifold podcast | Twitter: @hsu_steve
Friday, April 10, 2009
Rationality vs Intelligence
I can believe that intelligence is somewhat uncorrelated with rational behavior (see below for definition; to some extent it is merely the requirement of self-consistency). But do smarter people become more rational once their foibles are revealed to them?
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2009
(204)
-
▼
04
(19)
- Life path integral
- Pandemics
- US Human Development Indices
- Neuroenhancement
- New York Times nearing bankruptcy
- Financial crisis and economics at Perimeter
- 50 years of John Searle at Berkeley
- The Quiet Coup
- James Yang graphic art
- Quantum books
- Life magazine photos
- Merton on the financial crisis
- Sugar Daddies: MIT grad starts high end prostituti...
- Rationality vs Intelligence
- Lawyerland
- A physicist from Iran
- Theories of games
- Netbooks and the twilight of wintel dominance?
- The future of innovation
-
▼
04
(19)
Labels
- physics (420)
- genetics (325)
- globalization (301)
- genomics (295)
- technology (282)
- brainpower (280)
- finance (275)
- american society (261)
- China (249)
- innovation (231)
- ai (206)
- economics (202)
- psychometrics (190)
- science (172)
- psychology (169)
- machine learning (166)
- biology (163)
- photos (162)
- genetic engineering (150)
- universities (150)
- travel (144)
- podcasts (143)
- higher education (141)
- startups (139)
- human capital (127)
- geopolitics (124)
- credit crisis (115)
- political correctness (108)
- iq (107)
- quantum mechanics (107)
- cognitive science (103)
- autobiographical (97)
- politics (93)
- careers (90)
- bounded rationality (88)
- social science (86)
- history of science (85)
- realpolitik (85)
- statistics (83)
- elitism (81)
- talks (80)
- evolution (79)
- credit crunch (78)
- biotech (76)
- genius (76)
- gilded age (73)
- income inequality (73)
- caltech (68)
- books (64)
- academia (62)
- history (61)
- intellectual history (61)
- MSU (60)
- sci fi (60)
- harvard (58)
- silicon valley (58)
- mma (57)
- mathematics (55)
- education (53)
- video (52)
- kids (51)
- bgi (48)
- black holes (48)
- cdo (45)
- derivatives (43)
- neuroscience (43)
- affirmative action (42)
- behavioral economics (42)
- economic history (42)
- literature (42)
- nuclear weapons (42)
- computing (41)
- jiujitsu (41)
- physical training (40)
- film (39)
- many worlds (39)
- quantum field theory (39)
- expert prediction (37)
- ufc (37)
- bjj (36)
- bubbles (36)
- mortgages (36)
- google (35)
- race relations (35)
- hedge funds (34)
- security (34)
- von Neumann (34)
- meritocracy (31)
- feynman (30)
- quants (30)
- taiwan (30)
- efficient markets (29)
- foo camp (29)
- movies (29)
- sports (29)
- music (28)
- singularity (27)
- entrepreneurs (26)
- conferences (25)
- housing (25)
- obama (25)
- subprime (25)
- venture capital (25)
- berkeley (24)
- epidemics (24)
- war (24)
- wall street (23)
- athletics (22)
- russia (22)
- ultimate fighting (22)
- cds (20)
- internet (20)
- new yorker (20)
- blogging (19)
- japan (19)
- scifoo (19)
- christmas (18)
- dna (18)
- gender (18)
- goldman sachs (18)
- university of oregon (18)
- cold war (17)
- cryptography (17)
- freeman dyson (17)
- smpy (17)
- treasury bailout (17)
- algorithms (16)
- autism (16)
- personality (16)
- privacy (16)
- Fermi problems (15)
- cosmology (15)
- happiness (15)
- height (15)
- india (15)
- oppenheimer (15)
- probability (15)
- social networks (15)
- wwii (15)
- fitness (14)
- government (14)
- les grandes ecoles (14)
- neanderthals (14)
- quantum computers (14)
- blade runner (13)
- chess (13)
- hedonic treadmill (13)
- nsa (13)
- philosophy of mind (13)
- research (13)
- aspergers (12)
- climate change (12)
- harvard society of fellows (12)
- malcolm gladwell (12)
- net worth (12)
- nobel prize (12)
- pseudoscience (12)
- Einstein (11)
- art (11)
- democracy (11)
- entropy (11)
- geeks (11)
- string theory (11)
- television (11)
- Go (10)
- ability (10)
- complexity (10)
- dating (10)
- energy (10)
- football (10)
- france (10)
- italy (10)
- mutants (10)
- nerds (10)
- olympics (10)
- pop culture (10)
- crossfit (9)
- encryption (9)
- eugene (9)
- flynn effect (9)
- james salter (9)
- simulation (9)
- tail risk (9)
- turing test (9)
- alan turing (8)
- alpha (8)
- ashkenazim (8)
- data mining (8)
- determinism (8)
- environmentalism (8)
- games (8)
- keynes (8)
- manhattan (8)
- new york times (8)
- pca (8)
- philip k. dick (8)
- qcd (8)
- real estate (8)
- robot genius (8)
- success (8)
- usain bolt (8)
- Iran (7)
- aig (7)
- basketball (7)
- free will (7)
- fx (7)
- game theory (7)
- hugh everett (7)
- inequality (7)
- information theory (7)
- iraq war (7)
- markets (7)
- paris (7)
- patents (7)
- poker (7)
- teaching (7)
- vietnam war (7)
- volatility (7)
- anthropic principle (6)
- bayes (6)
- class (6)
- drones (6)
- econtalk (6)
- empire (6)
- global warming (6)
- godel (6)
- intellectual property (6)
- nassim taleb (6)
- noam chomsky (6)
- prostitution (6)
- rationality (6)
- academia sinica (5)
- bobby fischer (5)
- demographics (5)
- fake alpha (5)
- kasparov (5)
- luck (5)
- nonlinearity (5)
- perimeter institute (5)
- renaissance technologies (5)
- sad but true (5)
- software development (5)
- solar energy (5)
- warren buffet (5)
- 100m (4)
- Poincare (4)
- assortative mating (4)
- bill gates (4)
- borges (4)
- cambridge uk (4)
- censorship (4)
- charles darwin (4)
- computers (4)
- creativity (4)
- hormones (4)
- humor (4)
- judo (4)
- kerviel (4)
- microsoft (4)
- mixed martial arts (4)
- monsters (4)
- moore's law (4)
- soros (4)
- supercomputers (4)
- trento (4)
- 200m (3)
- babies (3)
- brain drain (3)
- charlie munger (3)
- cheng ting hsu (3)
- chet baker (3)
- correlation (3)
- ecosystems (3)
- equity risk premium (3)
- facebook (3)
- fannie (3)
- feminism (3)
- fst (3)
- intellectual ventures (3)
- jim simons (3)
- language (3)
- lee kwan yew (3)
- lewontin fallacy (3)
- lhc (3)
- magic (3)
- michael lewis (3)
- mit (3)
- nathan myhrvold (3)
- neal stephenson (3)
- olympiads (3)
- path integrals (3)
- risk preference (3)
- search (3)
- sec (3)
- sivs (3)
- society generale (3)
- systemic risk (3)
- thailand (3)
- twitter (3)
- alibaba (2)
- bear stearns (2)
- bruce springsteen (2)
- charles babbage (2)
- cloning (2)
- david mamet (2)
- digital books (2)
- donald mackenzie (2)
- drugs (2)
- dune (2)
- exchange rates (2)
- frauds (2)
- freddie (2)
- gaussian copula (2)
- heinlein (2)
- industrial revolution (2)
- james watson (2)
- ltcm (2)
- mating (2)
- mba (2)
- mccain (2)
- monkeys (2)
- national character (2)
- nicholas metropolis (2)
- no holds barred (2)
- offices (2)
- oligarchs (2)
- palin (2)
- population structure (2)
- prisoner's dilemma (2)
- singapore (2)
- skidelsky (2)
- socgen (2)
- sprints (2)
- star wars (2)
- ussr (2)
- variance (2)
- virtual reality (2)
- war nerd (2)
- abx (1)
- anathem (1)
- andrew lo (1)
- antikythera mechanism (1)
- athens (1)
- atlas shrugged (1)
- ayn rand (1)
- bay area (1)
- beats (1)
- book search (1)
- bunnie huang (1)
- car dealers (1)
- carlos slim (1)
- catastrophe bonds (1)
- cdos (1)
- ces 2008 (1)
- chance (1)
- children (1)
- cochran-harpending (1)
- cpi (1)
- david x. li (1)
- dick cavett (1)
- dolomites (1)
- eharmony (1)
- eliot spitzer (1)
- escorts (1)
- faces (1)
- fads (1)
- favorite posts (1)
- fiber optic cable (1)
- francis crick (1)
- gary brecher (1)
- gizmos (1)
- greece (1)
- greenspan (1)
- hypocrisy (1)
- igon value (1)
- iit (1)
- inflation (1)
- information asymmetry (1)
- iphone (1)
- jack kerouac (1)
- jaynes (1)
- jazz (1)
- jfk (1)
- john dolan (1)
- john kerry (1)
- john paulson (1)
- john searle (1)
- john tierney (1)
- jonathan littell (1)
- las vegas (1)
- lawyers (1)
- lehman auction (1)
- les bienveillantes (1)
- lowell wood (1)
- lse (1)
- machine (1)
- mcgeorge bundy (1)
- mexico (1)
- michael jackson (1)
- mickey rourke (1)
- migration (1)
- money:tech (1)
- myron scholes (1)
- netwon institute (1)
- networks (1)
- newton institute (1)
- nfl (1)
- oliver stone (1)
- phil gramm (1)
- philanthropy (1)
- philip greenspun (1)
- portfolio theory (1)
- power laws (1)
- pyschology (1)
- randomness (1)
- recession (1)
- sales (1)
- skype (1)
- standard deviation (1)
- starship troopers (1)
- students today (1)
- teleportation (1)
- tierney lab blog (1)
- tomonaga (1)
- tyler cowen (1)
- venice (1)
- violence (1)
- virtual meetings (1)
- wealth effect (1)