The mental skills that intelligence tests measure do not include rationality. Yet it is the development of our rational capacities - adopting appropriate goals, taking the appropriate action given one’s goals and beliefs, and holding beliefs that are commensurate with available evidence - that could substantially increase human well-being.
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TORONTO – 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.