Roger,
Speaking as somebody who can barely get his positivity ratio up to
1/3, let alone 3/1, I am deeply grateful for this post.
N
And then there is the famous Risk Aversion factor of 2.25 offered up by
Tversky and Kahneman:
http://www.hss.caltech.edu/~camerer/Ec101/ProspectTheory.pdf
It suggests that "losses bite about 2.25 times as much as gains" in
behavior economics.
Nicholas S. Thompson
Emeritus Professor of Psychology and Biology
Clark University
http://home.earthlink.net/~nickthompson/naturaldesigns/
<http://home.earthlink.net/%7Enickthompson/naturaldesigns/>
*From:*Friam [mailto:friam-boun...@redfish.com] *On Behalf Of *Roger
Critchlow
*Sent:* Thursday, October 31, 2013 10:35 AM
*To:* The Friday Morning Applied Complexity Coffee Group
*Subject:* [FRIAM] more fun in psychology
http://narrative.ly/pieces-of-mind/nick-brown-smelled-bull/ and
http://chronicle.com/blogs/percolator/the-magic-ratio-that-wasnt/33279
describe how the principles of "positive psychology" got their
mathematical "foundations" demolished this summer. A lesson in the
hazards of basing your career on a reasonable sounding metaphor.
-- rec --
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