E
Eliezer Yudkowsky
American AI researcher and writer
Inadequate Equilibria
This book explores the concept of 'inadequate equilibria' in various systems, from markets to human decision-making. It challenges conventional wisdom by examining situations where rational actors might not achieve optimal outcomes due to incomplete information or systemic biases. The author provides a framework for understanding and navigating these complex, often counter-intuitive, scenarios.
While the book can be read independently, readers familiar with the LessWrong community's discussions on rationality, cognitive biases, and decision theory will find it builds upon and deepens those foundational concepts. It is a distillation of ideas developed over many years within that intellectual tradition.
This book synthesizes and formalizes many of the ideas on rationality, epistemology, and systemic failures that Eliezer Yudkowsky has explored in his extensive blog posts and essays, particularly those published on LessWrong. It offers a more structured and cohesive presentation of his arguments compared to his earlier, more dispersed writings.