The best sentence I read today

And – expected utility theory notwithstanding – people adapt more
easily to 100% certain bad events than to 95% certain bad events.

Here is more.

Further thoughts: I can see how the possibility of fertility treatments might make a couple worse off, if those treatments don’t work.  But is it better to feel "I will never have sex again," or would you rather hold on to the five percent chance?  What exactly makes these two cases different?


Comments for this post are closed