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> I don't think his first example is good because it isn't just about a "loss" it's about feeling wronged.

You're correct that the example and the title aren't a perfect match, but wasting four hours because you feel aggrieved isn't really any better for you than wasting four hours to save yourself losing a small amount of money. Sometimes you just ought to let go.

Alas, I happen to be the poster child for this particular bit of irrationality. Notably, I spend a lot of time and mental effort agonizing over fairly small purchases. I know it's a mistake in the abstract, but that doesn't help the aversion to spending money in the moment.




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