AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
S E48: Behavioral Economics - We're only human!
Think Like An Economist
How to Evaluate Probabilities and Pay Offs
Bias can get in the way of making good decisions too, that's right. People tend to be about twice as sensitive to losses as they are to gains. So when i tell my student they get a bee, if i told them the day before to expect a sea, they feel pretty good. They feel like now they've earned something back, instead of having lost something.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode