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Why You’re Addicted to Being Right: The Psychology of Prediction Markets

This episode explores the rapid rise of prediction markets like Kalshi and Polymarket, dissecting why humans are drawn to speculative forecasting beyond the financial returns. Drawing on insights from Dr. Ryan Anderson, the hosts discuss the concept of the “rightness premium,” explaining how our evolutionary history drives an intense psychological desire to be proven correct. Listeners will gain a new perspective on how market UI, cognitive relabeling, and survival instincts influence modern speculative behavior.

Key Takeaways:

* The “Rightness Premium”: People trade on prediction markets not…

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