Would loss aversion explain why government departments all become obsessed with justifying their own existence (beyond what is for the good of the society/economy)?

This is a rare video of Dorothy after she returned to Kansas explaining what she learned on her trip to Oz and back.

WOW THIS GUY IS INTERESTING! And he explains so well. GREAT TEACHER. Thank you so much!!

So we have pretty much a Mission to make. They said "Write Summary of the Mental Accounting" And most of em are at least 34 pages. And Im litterallly worst at Summaries :D But hey I got my english right here and the Nice teacher right here to save my back! Thank you alot! I will add this to the summary! Also funny enough, This teached me more than the Pdf's I saw and wrote...

Anyone else here from a philosophy of science class?

Mr. Ariely is an inspiration for all of us. Here is another video on the Endowment Effect (subtitles in Spanish): kzbin.info/www/bejne/m5_Yn6l4iambqqc

Sir i had a brain surgery earlier but after three I got injured on same side of surgery I not had any problem since one year but now I am getting flashes in my eyes. I had check up to retina it is perfect. Is there problem of ocipital lobe. Due to injured one year ago

I dunno, after getting so many mugs for free being a teacher, I would swap a few mugs for a chocolate bar in a minute!

Department stores’ fitting rooms: IT’S A TRAP!

Twelve years ago I had a head injury from car accident. On impact I heard a popping noise on the upper back of my head. MRIs were normal. Now12 years later, I have increased memory loss. More than after accident. MRI showed unspecified parietal lobe atrophy abnormal for my age.

Great Video! Any chance you could add the links to the comments as we can't access the links that you recommended. Thanks!

Inmatcher form of organisms that turn in to very different adult

our CREATOR JESUS is masterful. even healed my son with a temporal mass.

how would this be implemented into mental accounting?

SO DEEP GUYS NICE VIDEO VERY CLEAR

Good presentation, but with one important error, or two In classical economics, humans are judged to be broadly rational creatures, while behavioral economics demonstrates that there are intrinsic limits to rationality, or to major decision making. A common thread in both disciplines is that decision is dispassionate, with affect being the byproduct of cognition. In contrast, for the study of mammalian decision making or ‘learning theory’, and as rendered through contemporary affective neuroscience, affect is an unrelenting, distorting, and animating factor for all cognition and thus for all momentary as well as major decisions. In other words, everything we think and do is influenced by conscious or non-consciously continuously perceived affect, or emotion, and to be effective, we have to understand how affect guides every momentary choice we make. The fact that behavioral economics is based on social psychological experiments, rather than deriving from first principles as to how incentive motivation is instantiated in human brains makes its conclusions piecemeal and disjointed. Or in the words of the economist David Gal (linked below), “behavioral economists are too often concerned with describing how human behavior deviates from the assumptions of standard economic models, rather than with understanding why people behave the way they do.” The following linked treatise for a lay audience, written in consultation and with the endorsement of the distinguished affective neuroscientist Kent Berridge, perhaps can provide a counterpoint to this perspective that may illuminate, confirm, and often disconfirm many ideas in behavioral economics. Also linked is an history of incentive motivation by Dr. Berridge. www.scribd.com/document/495438436/A-Mouse-s-Tale-a-practical-explanation-and-handbook-of-motivation-from-the-perspective-of-a-humble-creature Berridge and Incentive Motivation sites.lsa.umich.edu/berridge-lab/wp-content/uploads/sites/743/2020/09/Berridge-2001-Reward-learning-chapter.pdf Berridge Lab, University of Michigan sites.lsa.umich.edu/berridge-lab/ Gal’s Criticism of behavioral economics --- and his take on why the concept of loss aversion is wrong www.nytimes.com/2018/10/06/opinion/sunday/behavioral-economics.html

The video was super helpful and love the narrator. Good job!

yooo U of U philosophy what's good

i agree with the person said about oneness with universe. right view

great video, you really well explained!!

UvA sent me here

Excellent!

Where is this from? Where can I find the whole playlist?

Interesting..i am left paretial lobe cavernoma 2cm left lesion ? And.C2 axial fracture lucency through base of dens? Previous C7 C6 C5 issues and bilateral foraminal stenosis and much more..the seem to.be missing.disgnosis of frontal lobe dysfunction.and much more

great vid, 'perihelion of mercury' at 3:20 for those who struggled slightly

I feel like this kind of lost focus. He started talking about the temporal lobe, but then got lost in the left vs right side of the brain as a whole. It was still interesting, though.

Mine was just medicated for years with the wrong drugs failed to diagnose the abnormality diagnosed in there care doc had put down this was related to halucinations was the damage to the occipital region Multiple head traumas none of it recorded in there notes then they scanned me never even informed me i was living with a tbi just kept on medicating me breach of duty care disgraceful neglectful people then the cyst arachanoid )left temporal area near my eye double vision etc effecting my muscle control balance etc cerebellar damage not to mention the cocktail of drugs they medicated me with atrophy of the muscles to late now for anything to be done think well aware of the prognosis! oh they tried to say i was born with them then another doc says. Of no significance any joe blog would have them jokable lesions found. Of no relevance according to a gp made out my symptoms of balance issues were of a psychogenic nature far from it im afraid even though eye deteriation was apparent but not passed on for further investigation disgraceful practise you all messed up i spent 20 years in and out of your unit time i will never get back you failed my care ! holywell hospital northern trust ni no wander i had body image problems. Seeing double with vision problems and you people were referring me to eating disorder services talk about stupidity so your covering your own backs and also *domestic* *abuse** not good practise that is it in todays society!

What is the relation between the loss aversion and the status quo bias?

the one dislike on this video is Descartes

What is exactly "irrational" about exhibiting loss aversive behavior?

Thank you. I am clear now.

ABOOT

Hello, how can I access the resources given in the end of the video? Thanks!

I don’t think constructive empiricists would say that things from out distant evolutionary past are observable in the sense they are interested in. So I don’t think that the examples given provide much of an argument .

Read chapter 4 of his book Predictably Irrational for even a better understanding

I had a lobotomy. It's a fucking trip. Age 12.5 right temporal lobecTomy for epilepsy control.

I've had multiple traumatic brain injuries. So I'm studying up on myself because neurologists are useless in this town.

great video, interseting. It's funny though how he sais for us to think about how we could manipulate others for financial gain using this. Love Capitilasim.

My temporal lobe is swollen it sticks out further tjan it should why is that ? Should i be worried?

In a nutshell, people say one thing but then they go and do another. I find the study very interesting. It could be the case that when people have time to think about things, they get it right. And then when they meet face to face they get nervous and make mistakes. Imagine one person that is very good when comunicating via email, but when she has to speak face to face is a disaster. That doesnt mean she has to rethink the way she writes email in order to fit the face to face experience. My point is: from the same information I could argue that people in online dating decide better than in person. They know what they want. Its just that when phisical emotions get in the way, they get confused. Not that I belive what i just said, but I think that last idea is also a posible conclusion given the information in this video. Not that we dont know what we want, but that we have difficulties when taking theory to practice.

thank you very much... Its amazing theory.

Can one see or hallucinate seeing bugs for a few minutes ? Would that maybe be a seizure?

very helpful tutorial, Dan Ariely can really explain it well!

THIS IS SO BORING

He is University of Toronto Prof, psya01/psya02. So happy to see his video.

While physical phenomenon can be observed to objectively determine if it is a fact, how do you objectively determine moral principals as facts?

Really good, and simple explanation. Cute italian accent as well. Thanks for sharing.

wronx, not instincx bad memoetc.

One difference between the tick holdes and the non tickit holders is the the non-ticket-holders will have to go over their budget to get the ticket while the owners won't go over their budget to keep the ticket.

Brilliant! Very clear, excellent examples!