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Covid-19 Crisis: Annie Duke on Hedging and the Last Disaster Syndrome

Behavioral Grooves Podcast

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The Cost of Hedging

From a US perspective, building out test kits at a big piece of the- It's such a small cost. And compared to GDP, whatever. The interesting thing about those test kits is it was almost sure that they wouldn't not go to use. Because even if we managed to contain it here, other countries were going to need those test kits and it behooves us to make sure it's being controlled in other countries regardless.

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