S1, E6: Prospect Theory reveals the ways in which decision-making machinery values an item; how to make better decisions; understanding appropriate reference points; sensitivity to changes in value; super-sensitivity when it comes to potential loss.


S1, E6: Prospect Theory reveals the ways in which decision-making machinery values an item; how to make better decisions; understanding appropriate reference points; sensitivity to changes in value; super-sensitivity when it comes to potential loss.