Thaler tells the story of how he came to discover and research this bias.
You’ll also hear from two heavyweights in the world of psychology and economics. But it ultimately became a painful lesson on the dangers of living only for the present. This unexpected windfall changed his life in an instant. In this episode of Choiceology with Katy Milkman, we look at a bias that has an outsized influence on decisions you make in the here and now.
Understanding these principles can help.
