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Alexei comments on Prospect Theory: A Framework for Understanding Cognitive Biases - Less Wrong

66 Post author: Yvain 10 July 2011 05:20AM

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Comment author: Alexei 09 July 2011 08:26:40PM 1 point [-]

I think the simpler explanation for why we rank things out of five, is because 5 is half of 10.