Barry_Cotter comments on Experiment Idea Thread - Spring 2011 - Less Wrong

28 Post author: Psychohistorian 06 May 2011 06:10PM

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Comment author: Barry_Cotter 06 May 2011 08:26:13PM 1 point [-]

1) Different but related; people who trade stuff a lot suffer much less from the endowment effect, also while people are crap at randomising normally with money at stake they get better very quickly.