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Only an idiot would pay more than $20 to play this game. You'd have to get tails 5 in a row in order to not lose any money... chances of you losing money is 97%.

Fun fact. The C panel can be constructed by a rotation in 4 dimensions.

It's a shame this didn't have more reach. It helped me with at least a couple of tips as I face the challenge to keep updated. Thanks!

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I wonder if these mental models can be aquired naturally through our interaction within society? If so, it's easy to see how some mental models don't adapt to well to a more complex society.

Thanks so much

Was just about to look up the source and poof! It was in the description! Thank you!

Excellent content. This reminds me of The Marshmallow Experiment. So, when it comes to immediate 'reward', the positive response could be because either the loss is irrelevant or the reward is a one and only opportunity (risky choice). I wonder what drives an individual to commit a crime in exchange of a short term reward even facing a high risk of punishment. Thanks for sharing.

Thanks indeed, good explanation.

that was great

This is quite a misleading talk, yeah include confounding variables with a fake dataset to make something look better. Tha fact is these methods have very little real world incremental value, most of the value goes towards resume embellishment. The data does not lie, you just have to look at it in the right way for your case with any method

This was very clear and helpful for my experimental economics class. Thanks!

Great video and explanation. You have a new subscriber. But I wonder, why aren't you posting more often? There's a deep need for intelligent people who understand what they are talking about to create more content. Otherwise, we're lost in the garbage that the modern world pushes on people.

Hi Ben, I am from India. I am a student of TISS, and I am doing a master's degree in the Library and Information Science from TISS. Thank you for this information❤

Hi, Im a Masters researcher and my thesis combining double coding theory and autism spectrum disorder. I would like to communicate with you about some of the questions I have in mind about the theory. Does your time allow for this discussion and do you have an account on social media?

Really helped understand Craiks approach alot better

Thanks

thank u so much , im in psychology class in france and now i understand the mental rotation.

it saved my coursework thank you so much

Mediation effect can be prepresented in plot or in grap....analyse through regression in spss...if so, how to do it? Kinly explain

Thanks a ton dear..it helped me alot ❤️

how do I cite this content

thanks for this great explanation.

This very useful, thanks a lot!

I enjoy listening to this accent while learning , a win-win situation 😬

To be fair: if you spin the Ball on the ground then.yes the model is correct, but if you spin it in the air parallel to the earth then the curve is correct. I guess they kept that in mind.

sorry for the spam i am trying to figure out how to aply this to black or red roulete

magic?

how exactly does the amount of the winnings double when you ''win a tales"?

im so confused

and then the other outcome is also wining?

evry time you win a tales?

i dont get it so if you win with heads does that not mean you lose your money on tails requiring you to double down on the bet instead of it doubling the prize?

I dont believe that marginal utility can be negative. Actually, owning a good or a service does not mean that we have to consume it (for instance, owning or buying many cookies does not necessarily imply that we will have to eat all of them). So, I think the lowest possible value of MU is zero. Why do we need to assume that rational individuals would literally consume the good or service if they know, ex ante, that it would harm them or decrease their satisfaction level !!!

you got a cool look, bru

We should look into ppl pushing this. Now.

Want to update? Probably not is my guess. 99% chance ok. Vs. ? Crazy side effects.

Wealth u(W) = ROOT W, W=10, probability 0.3 to turn to 100, 0.7 to lose everything, wants to avoid risk, how much is he willing to pay? (0,1,2,3)

great video, i didnt know that was how we know people mentally rotated things

Awesome video! Helped me alot studying for finals.

I kept taking notes this is so easy!

Thanks mate! This was great to have for an assignment - but your buy me a coffee link is broken!

I have my master thesis based on this... But i am finding difficulty in gathering data to write the introduction... Can i get help?

Thanks this was great

thanks for this, as well

Thanks... It is very through and informative...

Excellent! Two coffees from me!

Gracias! Gracias! Dios te bendecir

Very clear explanation. Thanks a lot. ( Just a little side note: Paivio is misspelled in your first frame)