Re:Why people make dumb financial decisions on purpose
by petercooper on Saturday September 03, 2022 @01:46PM
(#32704257)
Rory Sutherland (behavioural science chap) made a similar point on travel. He says that when he must get to the airport on time, he takes the back roads that get him there in a guaranteed 30 minutes rather than take the freeway that will take 15 minutes 95% of the time but could be heavily congested (and inescapable) otherwise. Sometimes urgency and efficiency are at odds!
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Re:Why people make dumb financial decisions on purpose
by nly on Sunday September 04, 2022 @07:04AM
(#32711780)
But we live in a world of real time traffic reports and satnav, so ...just do what's best ok the day
Re:Why people make dumb financial decisions on purpose
by As_You_Wish on Thursday September 08, 2022 @03:43AM
(#32762534)
I remember looking at real-time traffic reports, but they were not future time, which is what I needed. I had an appointment to make but 500 feet in front of me...horrible crash. No way out. Stuck for 45 minutes. Had I had future time instead of real-time, that would be the best solution.
Had I taken the back roads, if there was an accident, there would be tons of options to get to where I needed to go.
If you need to be somewhere at a certain time, do the tried and true 100% guaranteed way.
It's how it is.
So there's that.
Re:Why people make dumb financial decisions on purpose
by chmod600 on Saturday September 03, 2022 @02:54PM
(#32704897)
Depends a lot on what the back roads are like, though. The freeway can be more reliable a lot of the time.
Re:Why people make dumb financial decisions on purpose
by incone123 on Saturday September 03, 2022 @04:27PM
(#32705747)
You can turn around in the road if you encounter an accident on the back roads. Encounter one on the highway and you may be stuck until it's cleared. I always go back roads if I need to make a flight.