The Republicans said no to a wide range of presidential primary hopefuls, instead settling on Donald Trump. Hillary Clinton has all but won the Democratic nomination, but only after a significant challenge by self-described...
Category - Loss aversion
Photo by Isabel Eyre, via Flickr Which would you rather have: A 50 / 50 chance of winning $500 or nothing $250 for sure Many people prefer the sure $250 over the gamble… even though the lottery has the same expected value...
Photo: DonkeyHotey via Flickr Just a couple of quick observations about how Trump is currently being framed in the 2016 US Presidential election. First, how Team Trump is framing The Donald. Then a look at how the Clinton...
The FDA’s new anti-smoking campaign is getting kudos for a savvy approach that proponents say is likely to be more effective among teens than previous attempts. The campaign seems to leverage three key psychological...
The New York Times reports on executive pay and mutual fund management fees, topics which are getting fairly significant interest in the courts. On one side are the econs, who argue that the market will solve outsized fees by...
Steve Jobs cranked up his technolust juggernaut yesterday by announcing what we Apple freaks have all been waiting for — the iPad tablet. (Even though I am not planning on buying one straight out of the gate, I am...
As noted at LiveScience, the ability to contribute to Haitian relief via text messaging is blowing the doors off previous donations: Text-message donations, also called SMS donations, are becoming increasing[ly] popular with...
Just got this automated e-mail from American Airlines reminding me of some ways I can use my frequent flier miles. Two things caught my eye: the number of miles in my account (42,061) and the following statement: You’re...
I’ve seen a couple of articles on the role of loss aversion and the administration’s plans to reform healthcare. For example, Peter Ubel — a nice guy whom I’ve known for a long time — writes at...
The New York Times reports that loss aversion steers professional golfers to putt for birdie significantly less often than putting for par, according to two professors from the University of Pennsylvania’s Wharton...