Monthly Archives: December 2015
When will you be home?
What time will you be home today? It’s a simple question. If you’re like most people you go to work and come home about the same time every day. You should be an expert in estimating when you’ll arrive at home. I bet you cannot predict the time that you’ll get home tonight, though. I…
Loss Aversion and Tech Debt
Humans are loss-adverse. We place an irrationally high value on losing something over gaining an identical item. So for example, I’d be more upset about losing $10 than the happiness I’d feel by gaining $10. If I buy a meal and hate it, I’ll likely finish it anyway. [ad name=”Leaderboard”] In general, people would rather…