Welfare entry portability might assist resolve an uncertainty riddle

[ad_1] Daniel Kahneman and Amos Tversky’s seminal work on Prospect Idea mentioned the ‘certainty impact’, whereby “folks underweight outcomes which are merely possible compared with outcomes which are obtained with certainty”; “This tendency, referred to as the knowledge impact, contributes to threat aversion in decisions involving certain good points and to threat searching for in … Read more