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EXTRA: Remembering Daniel Kahneman
People I (Mostly) Admire
The Intersection of Psychology and Economic Perception
This chapter examines a study focused on how individuals value cleaning lakes from acid rain pollution, revealing the confusion between the worth of a single lake versus all lakes in Ontario. It explores the connections between psychology and economics, highlighting the insights gained from understanding public responses to environmental issues.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode