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 Staying Power of "A Christmas Carol" -- Dennis Jerz, for WAOB Audio Theatre
https://youtu.be/_US-PnhJ5FU What mak...
Books
Brilliant, Troubled Dorothy Parker by Robert Gottlieb
In 1915, Parker, aged twenty-two, went t...
Culture
Why Our Children Don't Think There Are Moral Facts
Indeed, in the world beyond grade school...
Culture
A lost generation of news consumers? Survey shows how teenagers dislike the news media
More than half of the teens surveyed bel...
Culture
Star Wars: The Last Jedi abuse blamed on Russian trolls and 'political agendas'
More than half of the hostile responses ...
Culture
Mars Is a Hellhole: Colonizing the red planet is a ridiculous way to help humanity.
Some of Elon Musk's stunts have caught m...
Business

