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It is not the case that Binmore's critique of bounded rationality holds that rationality norms apply to the idealized game, not to cognitively crippled proxies of the original agents.
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Reasons For
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Reason for
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1.
Real agents are not 'proxies' of ideal agents—they are the primary subjects. Norms should apply where decisions actually occur.
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2.
Idealizations about infinite computation are empirically false; norms for impossible agents cannot guide real-world policy or evaluation.
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3.
Bounded rationality shows agents have different cognitive architecture; rationality norms must be tailored to actual capacities, not ideals.
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Reasons Against
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Reason against
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1.
Game theory's explanatory power derives from idealizations about rational actors, not from modeling actual cognitive limitations.
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2.
Confusing norms for idealized agents with descriptive claims about real agents creates category errors that undermine theoretical clarity.
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3.
Bounded rationality studies should explain deviations from ideal rationality, presupposing rather than replacing the ideal standard.
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