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

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