Thoughts on Business and Technology

Deprival Super Reaction

Examples :

  •  Casino owners know that a slot machine that provides a lot more near misses than another machine that has the same probability of winning will translate into more collections for the casino. – Charlie Munger

  • The Auction game combines several psychological tendencies such as envy, deprival super reaction, low contrast effect, reciprocity, and social proof – Sanjay Bakshi

Tagged with:

About author

Leave a reply

Your email address will not be published. Required fields are marked *