Muroid t1_j6ojls0 wrote on January 31, 2023 at 8:06 PM

Reply to comment by Bawbawian in Man who lost testicle from supervisor's hit awarded $295,000 by wawaboy

Endowment effect: People overestimate the value of things they already own.

You say an arm or a hand isn’t worth a million dollars, but let me ask you this: if you had a million dollars and someone offered you a severed arm for a million dollars, would you take it? No? Then clearly a million dollars is worth more than an arm.

Great_New_York_Bewbs t1_j6ombub wrote on January 31, 2023 at 8:23 PM

Read that back to yourself and figure out how this might be the dumbest statement today on all of Reddit.

Skitz707 t1_j6ope8u wrote on January 31, 2023 at 8:42 PM

I presume it’s sarcasm

_UltimatrixmaN_ t1_j6ou5i4 wrote on January 31, 2023 at 9:11 PM

It's the difference between someone selling you an arm for a million dollars or asking if you'd chop off your own arm for a million dollars. The value judgement changes dramatically.

greensandgrains t1_j6oma7g wrote on January 31, 2023 at 8:22 PM

Really weird that you’re calling a limb a thing like it’s an object. It’s a g-d body part! Flesh and blood!