What is Nostr?
Ulrike Hahn /
npub1p4y…mwej
2024-02-15 11:46:20
in reply to nevent1q…8vf0

Ulrike Hahn on Nostr: npub14k23h…ted68 so called risk seeking in the domain of loss? Consider the ...

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so called risk seeking in the domain of loss?

Consider the following gamble. Would you prefer:
option a: lose 100 Euro for sure
or
option b: losing 200 Euro with probility .5, 0 Euros otherwise

it's a well known, and robust, effect ever since Kahneman & Tversky 1979, that most people considerably prefer option b

https://pages.ucsd.edu/~aronatas/project/academic/tversky%20and%20kahnemann.pdf

basically, drastically cutting carbon emissions, ie radically changing our life style is perceived as 'a sure loss'?
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