Same. There's the standard risk-aversion which would prevent me trading with the mean person, but sometimes you see someone who seems to have it better in every way and just obviously disqualifies my life from being…
Most people pay with credit card, so just removing the tipping option from the machine would work.
Well yeah, but it would be way more expensive and you would have orders of magnitude less data. There are also issues with biased sampling. Point being, the search wouldn't be as good.
One thing that grinds my gears is how the article is shoehorning all these examples of zero-sum bias into a precisely zero-sum situation. It doesn't actually have to be zero-sum for that "bias" to become rational. For…
Brand is certainly a dimension in some cases (see: Apple products) but it's inconsistent per consumer.
I love this guy's units. 1/4 of a bee's dick is my favorite.
Same. There's the standard risk-aversion which would prevent me trading with the mean person, but sometimes you see someone who seems to have it better in every way and just obviously disqualifies my life from being…
Most people pay with credit card, so just removing the tipping option from the machine would work.
Well yeah, but it would be way more expensive and you would have orders of magnitude less data. There are also issues with biased sampling. Point being, the search wouldn't be as good.
One thing that grinds my gears is how the article is shoehorning all these examples of zero-sum bias into a precisely zero-sum situation. It doesn't actually have to be zero-sum for that "bias" to become rational. For…
Brand is certainly a dimension in some cases (see: Apple products) but it's inconsistent per consumer.
I love this guy's units. 1/4 of a bee's dick is my favorite.