Would You Like Some (Behavioral) Econ With That?
Inappropriately Applying Economics to Life
Principle, Not Pettiness
Found a copy of Misbehaving at Barnes and Noble. The copy was beat up so I thought I could get a discount at the register. Confident that I would walk away if I did not get a price I liked (around $13), I walked up to the register. I got the discount, however, the ending…
Over Econ-ing – The Bachelor (S24)
While watching The Bachelor this week, the bachelor, Peter, was faced with a decision on whether or not to give a girl a rose. Peter, was faced with a classic case of decision-making under uncertainty. Peter does not know the exact risk and probability of a relationship working out with each contestant. He has to…
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