Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy cover image

#1757 Life is But a Game (that you can now bet on)

Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

00:00

Behavioral economics behind gambling appeal

Narrator explains loss aversion, overweighting tiny probabilities, and how prize-linked designs exploit psychology.

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