Stop self pity. Stop blaming your circumstances. Stop victimising yourself. It’s high time to spread the light.
If utility theory doesn’t work, then what does? One alternative is prospect theory, developed by the author. Kahneman’s prospect theory challenges utility theory by showing that when we make choices, we don’t always act in the most rational way. Imagine these two scenarios for example: In the first scenario, you’re given $1,000 and then must choose […]
Steel and Velvet. Strong and Soft.
