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OscarCunningham
on March 7, 2018
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Nassim Taleb, Absorbent Barriers and House Money
I'm not claiming that they will make the same bets, just that it would be in their interest to do so.
tensor_rank_0
on March 7, 2018
[–]
so the sunk cost fallacy is a similar case. rationally, a budget is a state function, but people tend to think of it as a path function. thanks for explaining.
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