2min chapter

People I (Mostly) Admire cover image

37. Sendhil Mullainathan Thinks Messing Around Is the Best Use of Your Time

People I (Mostly) Admire

CHAPTER

The Coin Experiment That Central Refers To

The coin experiment that central refers to is a research project I did to learn about whether or not people make good choices. Almost 20,000 people flipped coins and the outcome of the coin toss actually affected the way people behaved. Six months later I surveyed those people to figure out how happy they were with their choices. When you're near indifference which is a lot of the people in your coin experiment they're like hey I'm indifferent I'll let you decide so exactly right you should be able to figure out which way the bias goes.

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