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related question-

Posted By: Fatboy
Date: Wednesday, 18 June 2014, at 2:23 a.m.

In Response To: Chess, Cheating, Psychology, Analogy (Jeremy Bagai)

i dont want to derail this thread, it brought up a memory I cant quite recall exactly and i would like to recall it, here is the story:

there was a article i read about rational economics vs. irrational economics(both micro econ)

It had to do with giving a person $100 now or $120 in a week-I think? Something along those lines, in the article the majority of the people took the irrational deal because of instant gratification, over the more profitable rational deal.

Anyone here ever see that article or recall it??

I sure would appericate(SP?) any input on this, i tried Google and couldn't find it.

best

Eric

PS: in pool when I get a big lead, I play lazy and lose sometimes as a result which is VERY BAD, i'm not a good front runner, get me stuck and I play my heart out. funny how that works. i know world champions who have the same problem, and alternatively some players cant come from behind they give up.

this topic is of great interest to me, the human nature of how we cope with positions we are put in, in BG, pool, chess, tiddly winks etc

thanks again

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