derek | Shared With: Everyone - Jan 08 2009 | economics, humanity, interesting, science, experimentsBasically just a boatload of interesting stuff.
Quoted: Tversky and Kahneman conducted the following experiment
When contemplating the purchase of a $25 pen, the majority of subjects would drive to another store 15 minutes away to save $7
When contemplating the purchase of a $455 suit, the majority of subjects would not drive to another store 15 minutes away to save $7
The amount saved and time involved are the same, but people make very different choices
derek | Shared With: Everyone - Sep 18 2008 | culture, brain, TED, politics, humanity, evolution, religion, interesting, video
derek | Shared With: Everyone - Sep 10 2008 | turk, outsourcing, cool, interestingQuoted: A few tweaks later, I loaded up the 6,204 line CSV file, sat back, and within minutes, hoards of Turkers were chipping away at my 12,408 tasks.
derek | Shared With: Everyone - Feb 23 2007 | magazines, youth, interesting
derek | Shared With: Everyone - Nov 05 2005 | attractiveness, interesting, science, news

