
Professor Richard Thaler: Masters in Business (Audio)
Masters in Business
00:00
Why People Hate Losses More Than They Like Gains
Gains represent a temporary increase in your standard of living. Soo oheos: My pet theoryn on why people hate losses more than they like gains. And so that's the first basic fact of human nature, and then the second is that improvements make us happy, but decraments make us right?
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