Read - Reading: Behavioral Economics When Psychology and Economics Collide by Scott Huettel (The Great Courses)
Lecture 7: Risk—The Known Unknowns
Tolerance for risk is another fundamental element of decision making. Learn how behavioral economics evaluates “risk aversion” and “risk seeking” in both economic and personal contexts, and grasp the role of perceived benefits and perceived risks in explaining risk-taking behavior and choices. Finally, study two basic principles for managing risk.
Finished lecture 7 on risk and minimizing regret

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🎧 “Malcolm Gladwell’s 12 Rules for Life” Season 3 Episode 7 | Revisionist History

Listened to “Malcolm Gladwell's 12 Rules for Life” Season 3 Episode 7 by Malcolm Gladwell from Revisionist History

"Crucial life lessons from the end of hockey games, Idris Elba, and some Wall Street guys with a lot of time on their hands."

Revisionist History wades into the crowded self-help marketplace, with some help with from a band of math whizzes and Hollywood screenwriters. It's late in a hockey game, and you're losing. When should you pull your goalie? And what if you used that same logic when a bad guy breaks into your house and holds your entire family hostage? We think the unthinkable, so you don’t have to.

Why one should be a bit more disagreeable and “pull the goalie”.

Pulling the Goalie: Hockey and Investment Implications on SSRN.

👓 How 4,000 Physicists Gave a Vegas Casino its Worst Week Ever | Physics Buzz

Read How 4,000 Physicists Gave a Vegas Casino its Worst Week Ever (physicsbuzz.physicscentral.com)
What happens when several thousand distinguished physicists, researchers, and students descend on the nation’s gambling capital for a conference? The answer is "a bad week for the casino"—but you'd never guess why. The year was 1986, and the American Physical Society’s annual April meeting was slated to be held in San Diego. But when scheduling conflicts caused the hotel arrangements to fall through just a few months before, the conference's organizers were left scrambling to find an alternative destination that could accommodate the crowd—and ended up settling on Las Vegas's MGM grand.
Totally physics clickbait. The headline should have read: “Vegas won’t cater to physics conferences anymore because they’re too smart to gamble.”