Sendhil Mullainathan Thinks Messing Around Is the Best Use of Your Time (Update)
People I (Mostly) Admire
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Experiential Learning and Decision-Making Dynamics
This chapter examines the benefits of experiential learning methods, particularly the role of virtual reality in enhancing memory retention compared to traditional learning techniques. It delves into cognitive biases like the sunk cost fallacy and illustrates these concepts through engaging examples, including a unique auction experiment. The discussion encourages listeners to reflect on their decision-making processes and the impact of psychological factors on their choices.
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