Would you accept a gamble that offers a 10-percent chance to win $95 and a 90-percent chance to lose $5? The great majority of people in the study rejected this proposition as a loser. Yet, a bit later, the same individuals were asked this question: Would you pay $5 to participate in a lottery that offers a 10-percent chance to win $100 and a 90-percent chance to win nothing? —David P. Barash —Unreason’s Seductive Charms (Chronicle)
Similar:
The science of fake news: Addressing fake news requires a multidisciplinary effort
The rise of fake news highlights the ero...
Academia
English Teacher Re-Titles Classic Poems As Clickbait In Last-Ditch Effort To Trick Student...
Funny and clever. Via Excuse the Bananas...
Academia
The Key To Better Work? E-mail Less, Flow More
What the researchers found was that the ...
Business
Smash the Windows
By presenting us with colourful screens ...
Cyberculture
The dawn of the post-literate society
The world of print is orderly, logical a...
Books
Collegewide game encourages small interactions around campus
I confess I often check my messages and ...
Amusing


