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For me it works like this: Before reading this HN item, my understanding was that 'Loss aversion' was very likely to be correct - let's say 98%. After reading t
by MarkMc 8y ago
For me it works like this: Before reading this HN item, my understanding was that 'Loss aversion' was very likely to be correct - let's say 98%. After reading the headline and a few comments I lower the 'chance of correctness' a little to say 93%.
Two points on this approach: 1. My assessment lies on a gradient rather than a simple true/false. 2. I rarely read the source evidence - my assessment relies mostly on the assessment of others.