13min chapter

People I (Mostly) Admire cover image

Sendhil Mullainathan Thinks Messing Around Is the Best Use of Your Time (Update)

People I (Mostly) Admire

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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