About loss aversion

「1091」

Yesterday an example of a lottery was given to try to talk about the long-term harm of not being taken seriously, and the neglect effect of "not urgent but important" matters.

It immediately occurred to me that this example was changed to be more suitable to support the psychology of "loss aversion" behavior that I mentioned earlier in the day.

In the lottery of 1,000 people, the winner will have a lifetime of food and clothing, how much are you willing to pay to participate in this lottery?

Please think about it in your mind and give a number. And then, let's change it.

In the lottery of 1,000 people, the winner will be poor and scattered for a lifetime, how much money can you give to let you participate in this lottery "prize"?

Please think about it again, try to imagine the life scene after winning the lottery as specifically as possible, and then give a number,

I don't know what the specific number you gave was? But I guess there's a high probability that the number behind you is higher than the number before.

I give the number, the latter is 100,000 times the former,

yes. A hundred thousand times.

Of course, an important reason here is that I am (thinking) that I am very satisfied with my current life, and I can't afford to lose my existing life at the same time, thinking that even if I don't draw lottery, I have a considerable chance of getting a "lifelong food and clothing without worry".

But if I were a "poor and miserable wife" person now, I would be willing to participate in the first lottery when I can get money, and I am not afraid to participate in the second lottery.

Therefore, in order to be more objective, I borrow the "curtain of ignorance" method here, imagine myself as a character without any pre-knowledge setting (including all identities inside and outside the physiology and society), and then rethink this problem.

This time I answered, the latter is 100 times the former,

Considering that even if I can block known identity information and life states in my consideration, I must be affected by the subconscious, and it is impossible to fully achieve the role state of the "curtain of ignorance",

Just lower it by an order of magnitude, remove a 0,

In the end, I guessed that my "loss aversion" psychology was about 10 times magnification psychology.

Certainly not precise, but it should be enough to illustrate the point.

If your answer is the opposite — the loss of excitement — be sure to let me know, let me study you, and we can take the Nobel Prize together and rewrite the textbook.

(Image from the Internet)

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1-100 articles: 101 | It is worth 100 chops

102-200 articles: 201 | Wuyu Wuzhou 200 chops

200-300 articles: 301 | Dry up 300 chops

300-400 articles: 401 | Reckless 400 chops

400-500 articles: 501 | The anointing follows 500 chops

500-600 articles: 601 | Volley 600 chops

600-700 articles: 701 | qiang qiang qiang 700 chops

700-800 articles: 801 | Wild dog dust 800 chops

800-900 articles: 901 | This heart is just 900 chops

900-1000 articles: 1001 | Drift like clouds for 1001 nights

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1080 | I especially look forward to their success

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1077 | Weekend with baby (museum study, etc.)

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1075 | Mutual domestication with algorithms

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1033 | On the third day of the Chinese New Year, Xiangshan to Xianju (Xiangshan Film and Television City)

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1017 | Mediocre

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1004 | I am honored to have this life

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1002 | As soon as the wind blows, it drifts like smoke