All posts filed under “Parasitic lock-in

Swoopo: Irrational escalation of commitment

Swoopo: Irrational escalation of commitment

Swoopo, a new kind of “entertainment shopping” auction site, takes Martin Shubik’s classic Dollar Auction game to a whole new, automated, mass participation level. It’s an example of the escalation of commitment, or a sunk cost fallacy, where we increase our commitment (in this case […]

comments 27
Dependence

Dependence

Karel Donk has some intriguing thoughts on ‘maximising the upside’ of life, by reducing dependence on other people, status and possessions, so that there is less to lose: So one of the important things in life is to be as independent as possible and rely […]

comments 4
Limiting frequency of cigarette use

Limiting frequency of cigarette use

 Images from nicostopper.com and Popgadget Nicostopper is an electronic dispenser which holds up to 10 cigarettes, and releases them one at a time at programmed intervals, to help pace and restrict the smoker. The screen “will also flash “self-help” messages each time to make you […]

comments 10