Steve Uhlig

“Additionally, there is good evidence that people particularly hate mistakes of their own making. The world is fraught with uncertainties, many of which people have no control over. These vagaries make them unhappy, but perhaps not as unhappy as making an active choice that ends up, purely as a result of bad luck, making them worse off than if they had done nothing.”
― Abhijit V. Banerjee, Good Economics for Hard Times: Better Answers to Our Biggest Problems