gjm comments on Rationality is Systematized Winning - Less Wrong

48 Post author: Eliezer_Yudkowsky 03 April 2009 02:41PM

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Comment author: grobstein 03 April 2009 08:05:42PM *  2 points [-]

I very much recommend Reasons and Persons, by the way. A friend stole my copy and I miss it all the time.

Comment author: gjm 03 April 2009 11:35:44PM 1 point [-]

It's still in print and readily available. If you really miss it all the time, why haven't you bought another copy?

Comment author: grobstein 03 April 2009 11:37:27PM 0 points [-]

It's $45 from Amazon. At that price, I'm going to scheme to steal it back first.

OR MAYBE IT'S BECAUSE I'M CRAAAZY AND DON'T ACT FOR REASONS!

Comment author: gjm 04 April 2009 12:35:49AM 2 points [-]

Gosh. It's only £17 in the UK.

(I wasn't meaning to suggest that you're crazy, but I did wonder about ... hmm, not sure whether there's a standard name for it. Being less prepared to spend X to get Y on account of having done so before and then lost Y. A sort of converse to the endowment effect.)

Comment author: Nick_Tarleton 04 April 2009 06:51:48AM 2 points [-]

Mental accounting has that effect in the short run, but seems unlikely to apply here.