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Politics assumes a zero sum game. Experts create non-zero sum outcomes. Humans, due to their loss aversion bias, prefer politics to expertise. Thus brexit.
by splitrocket 10y ago
Politics assumes a zero sum game.
Experts create non-zero sum outcomes.
Humans, due to their loss aversion bias, prefer politics to expertise.
Thus brexit.
- AnimalMuppet 10y agoI don't think your logic works. Wouldn't loss aversion lead you to prefer the non-zero-sum game? After all, in a zero-sum game, you might lose, and if you do, you are guaranteed to be worse off. In a non-zero-sum game, you are not guaranteed to be worse off, even if you "lose" (win less than someone else).