@patio11 heretical thought or Zero-Sum fallacy thought?
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@secretGeek It encourages people to trade money for a small (and typically overestimated) chance at achieving broadly-recognizable status. - 1 more reply
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@patio11 yes, in (at least) 2 ways: tournament structure reduces average income; and we overinvest in praiseworthy activities.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 anything prestigious is a trap for the ambitious : pThanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 looking at salaries in math vs physics or chemistry would give some data. Obviously would need to tease out a lot of factorsThanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 this makes sense. Hard to incorporate expected value into decisions (e.g., lotteries) - plausibly overestimating P(win).Thanks. Twitter will use this to make your timeline better. UndoUndo
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