Wednesday, July 16th, 2008
Ya, you’re a monkey
Here’s a strange, interesting and useful fact:
Given a choice between either losing or gaining an equal amount, we mammals will always opt to avoid a loss.
In fact, if you were given the choice between losing $10 of value or gaining $12, you’d opt to avoid losing $10.
I know, I know. That’s stupid.
I had an [...]
