Have you written about this before? If not, care to give us rough numbers of how many people you’ve talked to about it?
Consider item g in the first chart on page 10 of “Cognitive Reflection and Decision Making” by Shane Fredrick. In this study, 31% of subjects with low scores on a “cognitive reflection test” took the 15% chance of the million dollars, whereas 60% of high-scoring subjects did. The p-value was less than 0.0001.
Consider item g in the first chart on page 10 of “Cognitive Reflection and Decision Making” by Shane Fredrick. In this study, 31% of subjects with low scores on a “cognitive reflection test” took the 15% chance of the million dollars, whereas 60% of high-scoring subjects did. The p-value was less than 0.0001.