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Episode 63 - Loss Aversion

Psychology of Video Games Podcast

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The Endowment Effect

You tend to value the stuff that you have rather than potential stuff that's out in the world. The canonical example of this is the, am the panion cube from portal? That's right? Yes. On the whole, bird in a hand is worth two in the bush, exactly. And i think, again, this is something i think is just wired really deep in our brainsat if you've gotSomething to eat that you have captured, you know that that's worth a lot to you.

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