TED-Ed How insurance distorts your sense of risk

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From: TED Talks Daily - Monday Mar 14, 2022 03:39 pm
How insurance distorts your sense of risk
The reality-distorting risks of "magical thinking"

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The counterintuitive psychology of insurance

16:13 minutes · TEDxInnsbruck

The real reason you buy insurance may have as much to do with pleasing your psyche as it does protecting your wallet. Behavioral psychologist Orit Tykocinski explores the connection between insurance and the reality-distorting risks of "magical thinking" that may make you reconsider your own rationale.

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