Imagining Money XXXII Loss aversion - Thaler
Apr 12, 2019•52 min•Ep. 124
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Episode description
Money offer on the table when we came in! Loss aversion -- it depends how you present things, as Thaler et al show. Medical versions. A brief introduction to Bayesianism and why MD's need to learn some Bayesean analysis. Brandeis's plan to sell its art collection and the "endowment effect." Wins above replacement.
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