Imagine these 2 scenarios: You’re given... - Deepstash

Imagine these 2 scenarios:

  1. You’re given $1,000. Then you have the choice between receiving another, fixed $500, or taking a 50% gamble to win another $1,000.
  2. You’re given $2,000. Then you have the choice between losing $500, fixed, or taking a gamble with a 50% chance of losing another $1,000.

Which choice would you make for each one?

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tomjoad

Introverted Extravert

Thinking Fast And Slow - Book Summary

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