Mike Caro, a poker player, writes about this sort of behavior. The idea here is that people psychologically want to do a little above the median each day. They work late to get up to normal money, and quit early when they do well. Whereas optimal behavior is the opposite.
Mike Caro, a poker player, writes about this sort of behavior. The idea here is that people psychologically want to do a little above the median each day. They work late to get up to normal money, and quit early when they do well. Whereas optimal behavior is the opposite.