
Much like gambling, the diet and beauty industry generally offers negative expected value, so what drives their continued growth, despite the absence of hard evidence that they deliver any tangible results?
People understand that there’s no such thing as a free lunch, yet lotteries, bingo and gambling are as popular as ever. Cognitive dissonance explains why.
Much like gambling, the diet and beauty industry generally offers negative expected value, so what drives their continued growth, despite the absence of hard evidence that they deliver any tangible results?