Tag Archives: Thinking Fast and Slow

Irrational Decisions

Posted on February 8, 2013 by sinyaw

Two envelopes presented in front of you. Envelop A has a raffle ticket that guarantees 95% probability of winning $1 million. Envelop B has a cashier check of amount X. How much of the X will make you choose the … Continue reading →

Posted in Books & Reviews, Witness to my life | Tagged , , | 1 Comment