"Still a third approach is to look at flipism as the endpoint of a continuum bounded on the other side by perfectly rational decision-making. Flipism requires the minimum possible cognitive overhead to make decisions, at the price of making sub-optimal choices. Truly rational decision-making requires a tremendous investment in information and cognition to arrive at an optimal decision. However, the expected marginal value of information gathered (discounted for risk and uncertainty) is often lower than the marginal cost of the information or processing itself. The concept of bounded rationality posits that people employ cognitive parsimony, gathering only what they expect to be sufficient information to arrive at a satisficing (or "good enough") solution. Flipism is therefore a rational strategy to employ when the cost of information is very high relative to its expected value, and using it is an example of motivated tactical thinking."
https://en.wikipedia.org/wiki/Flipism The Raku Study Group Sunday January 18, 2025 1pm in California, 9pm in the UK An informal meeting: drop by when you can, show us what you've got, ask and answer questions, or just listen and lurk. Perl and programming in general are fair game, along with Raku, Zoom meeting link: https://us02web.zoom.us/j/85190626109?pwd=T6fMkbuqpWBDEQEdnnxWhuxlEcnyyh.1 Passcode: 4RakuRoll Information about upcoming meetings can always be found here: https://github.com/doomvox/raku-study/blob/main/README.md
