Sep. 22nd, 2011

QotD: Gambles

Sep. 22nd, 2011 08:34 am
liveonearth: (Volume 11 spinal tap)
A person who has not made peace
with his losses
is likely to accept gambles
that would be unacceptable to him otherwise.
--Daniel Kahneman and Amos Tversky, economic psychologists
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