Choiceology with Katy Milkman
Charles Schwab
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Out of Proportion: With Guests Damon Lesmeister & Kelly Shue
Many of the decisions we make require us to compare numbers. Which car is most fuel efficient? How is a stock performing relative to the market? How risky is one medication versus another? A problem arises when we fail to make these comparisons in the right units. In this episode of Choiceology with Katy Milkman, we look at the mistakes we make when we overweight absolute numbers and neglect their relative value.
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