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Feb
06
Would You Take This Bet?

How much would it take for you to risk $10? Check out Audible: http://bit.ly/AudibleVe Can you solve this? http://bit.ly/248Ve Regression to the mean: http://bit.ly/VeRTTM Help translate Veritasium videos into other languages: http://veritasium.subtitl.us Psychological literature shows that we are more sensitive to small losses and than small gains, with most people valuing a loss around 1.5-2.5 times as much as a gain. This means that we often turn down reasonable opportunities for fear of the loss. However over the course of our lives we will be exposed to many risks and opportunities and this invariably means that taking every small reasonable bet will leave us better off than saying no to all of them. NOTE: The video is not saying to accept every bet, only those with reasonable odds (preferably in your favour), and those which if you lose would not cause significant financial or other damage. In those cases it is wise to be loss averse! Filmed by Adrian Tan Thanks to Physics Girl for suggestions on previous versions of this video. https://www.youtube.com/physicswoman


Houston Shipping Address

9337-B Katy Freeway #317

Houston, Texas 77024

“Call Us Now! (281) 537-1738 ”

Houston Shipping Address

9337-B Katy Freeway #317

Houston, Texas 77024

“Call Us Now! (281) 537-1738 ”

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Gulf Coast Region Service Areas

Gulf Coast Region Service Areas

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Houston, TX – Hedwig Village, TX – Spring Valley, TX – Rice Village, TX – Bellaire, TX – West University, TX – The Heights, TX – Meyerland, TX Katy, TX – Fulshear, TX – Richmond, TX – Rosenberg, TX – Sugarland, TX – Missouri City, TX – Pearland, TX – The Woodlands, TX – Cypress, TX – Conroe, TX – Spring, TX, – Tomball, TX

Houston, TX – Hedwig Village, TX – Spring Valley, TX – Rice Village, TX – Bellaire, TX – West University, TX – The Heights, TX – Meyerland, TX Katy, TX – Fulshear, TX – Richmond, TX – Rosenberg, TX – Sugarland, TX – Missouri City, TX – Pearland, TX – The Woodlands, TX – Cypress, TX – Conroe, TX – Spring, TX, – Tomball, TX

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MID SOUTH SHIPPING AREAS

3845 Goodman Rd. E #24

Southaven MS 38672

“Call Us Now! (901) 713-0116 ”


MID SOUTH SHIPPING AREAS

3845 Goodman Rd. E #24

Southaven MS 38672

“Call Us Now! (901) 713-0116 ”

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Mid South Region Service Areas

Mid South Region Service Areas

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Memphis, TN – Collierville, TN – Arlington, TN – Bartlett, TN – East Memphis and Shelby County, TN – Southaven, MS – Olive Branch, MS – Hernando, MS

Memphis, TN – Collierville, TN – Arlington, TN – Bartlett, TN – East Memphis and Shelby County, TN – Southaven, MS – Olive Branch, MS – Hernando, MS

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