Re:The quiz Daniel Kahneman wants you to fail
by colanderman on Friday January 06, 2012 @09:49AM
(#3433455)
Ya, my theory holds for negative sums too -- I'd rather have a chance of not losing [large amount of money] than lose [almost as large amount of money] for sure. A $900 loss could be enough to bankrupt me -- I need to take the 10% chance.
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Re:The quiz Daniel Kahneman wants you to fail
by faboo on Friday January 06, 2012 @08:49PM
(#3435895)
The problem with that question, to me, is that the 10% difference in outcome is nearly inconsequential. By the time I'm losing (or gaining) $900, what's another $100? If the proportions were different, I think the question would be more interesting.