9 ms·
Additionally - I am not certain about the mentioned scientists' exact definition of loss - you might argue that since the damage was already done (Joe had alrea
by DXL 17y ago
Additionally - I am not certain about the mentioned scientists' exact definition of loss - you might argue that since the damage was already done (Joe had already been charged), the 11 dollars was a gain rather than an adverted loss.
- jackowayed 17y agoIt's a loss, at least as far as your brain is concerned. (Logically, there's no real difference, the fact that it's already technically been incurred is pretty meaningless. (Also, you could argue that since he hadn't paid his credit card bill yet, it wasn't incurred yet.)) Your brain says "this is $11 that I wasn't supposed to spend that they took from me!" That's a loss. You want to get the money you lost due to their mistake back.