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I mean everyone shits on Kahnemann and co. about many results not replicating, but is there a similar effort to test and replicate RPDM etc.? One frustration I have with that field (but maybe just haven't read enough) is that the answer to "how to make better decisions"...
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A lot of RPDM seems to me (again, may need to read more) very descriptive of what experts do, then gives you CTA to become more of an expert. But there's little mechanistic explanation that generalizes outside of "be expert in field"
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Your understanding is correct! And I think your frustration is reflective of Shanteau and Weiss's frustration in the paper. To be fair to them (and to you) they (and you!) seem to want an objective function with which to compare decision quality. And that's fair!
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It's pragmatic to a fault, because the organisations that fund them (the military, industry, etc) want results (from decision tools that work), not theories that produce decision tools that don't work. My problem with Shanteau and Weiss's dismissal is that it's so ... harsh.
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One interpretation of their paper is "maybe we cannot come up with an objective decision function for real world decision making scenarios and the best we have is NDM-like tools." But, noooo, they don't conclude that. They instead say "NDM is also useless for this purpose."
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