Reddit reviews Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics
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Used Book in Good Condition
There was a study showing that we basically shorten probabilities to 0, 50 or 100% because we aren't really made to think along that kind of continuum.
It was cited somewhere in this book:
http://www.amazon.com/Smart-People-Money-Mistakes-Correct/dp/0684859386
Check out this book if you're interested in learning more about many of the psychological pitfalls: https://www.amazon.com/Smart-People-Money-Mistakes-Correct/dp/0684859386