Just a little error I saw in the Neoclassical Economics section:
If you are risk averse you might choose the blue box because it has higher expected subjective value even though it has higher expected objective value.
Should be “even though it has lower expected objective value.” Also, I’ve really enjoyed the post so far.
Just a little error I saw in the Neoclassical Economics section:
Should be “even though it has lower expected objective value.” Also, I’ve really enjoyed the post so far.
Fixed, thanks!