Invention I'd Buy: An electric shock collar that zaps me every time I think "I really don't want to lose this deal, we should just pay up."
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Replying to @awilkinson
But what makes you not want to pay up in the first place? If you don’t want to lose this deal but the valuation is higher than you’re budget/internal valuation, shouldn’t not wanting to lose the deal factor into a new valuation anyway?
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Replying to @khaledealy @awilkinson
I think the point is that wanting to make a deal happen can result in lapses of reasonable judgment. Wants make people do unreasonable things frequently.
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Replying to @Tinyvalue @awilkinson
Yeah but isn’t wanting to make a deal happen the biggest factor in making a deal happen? Like I bought X and I overpaid but I see so much more value than just the price.
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Replying to @khaledealy @awilkinson
To "all of a sudden" see more value than your research implies, especially in the face of a revised price, sounds close to insanity. There is a 99.9% chance that an as-good or better deal will come later at a better price, with little forecasting, luck, or wishfulness required.
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Let me revise: To all of a sudden see more value in the face of a revised price*.
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