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The wise decision is to wager that God exists, since "If you gain, you gain all; if you lose, you lose nothing", meaning one can gain eternal life if God exists, but if not, one will be no worse off in death than if one had not believed. On the other hand, if you bet against God, win or lose, you either gain nothing or lose everything.
In psychology, game theory, statistics, and machine learning, win–stay, lose–switch (also win–stay, lose–shift) is a heuristic learning strategy used to model learning in decision situations. It was first invented as an improvement over randomization in bandit problems . [ 1 ]
The response to losses is stronger than the response to corresponding gains" is Kahneman's definition of loss aversion. After the first 1979 proposal in the prospect theory framework paper, Tversky and Kahneman used loss aversion for a paper in 1991 about a consumer choice theory that incorporates reference dependence , loss aversion, and ...
Daniel Kahneman, who won the 2002 Nobel Memorial Prize in Economics for his work developing prospect theory. Prospect theory is a theory of behavioral economics, judgment and decision making that was developed by Daniel Kahneman and Amos Tversky in 1979. [1]
Martin's wager states that if one were to analyze their options in regard to how to live their life, they would arrive at the following possibilities: [2] [5] You may live a good life and believe in a god, and a benevolent god exists, in which case you go to heaven: your gain is infinite.
Within social psychology, BIRGing is thought to enhance self-esteem and to be a component of self-management. [ 1 ] BIRGing has connections to social identity theory , which explains how self-esteem and self-evaluation can be enhanced by the identification with another person's success through basking in reflected glory that is not earned. [ 6 ]
It was not until Anselm, with his satisfaction theory of atonement, that a theory of atonement was specifically articulated. [4] The moral influence theory was developed, or most notably propagated, by Abelard (1079–1142), [1] [2] [note 1] as an alternative to Anselm's satisfaction theory.
Wins & Losses is the third studio album by American rapper Meek Mill. It was released on July 21, 2017, by Maybach Music Group and Atlantic Records Group . [ 1 ] It is the follow-up to Meek Mill's second album Dreams Worth More Than Money (2015) and his Meekend Music EP series.