Dan Ariely highlights our irrationality at the supermarket in this brief, but interesting video. Why do we think bigger is always a better deal, even if it isn't? Would love to see him take a trip to one of the warehouse stores where, in my opinion, irrationality abounds. I look forward to Ariely's full article in the July-August HBR.
About Me
I have a degree in Economics, but the most important lessons I learned about real world Economics, I learned from my parents and grandparents.
Showing posts with label Irrational Decision Making. Show all posts
Showing posts with label Irrational Decision Making. Show all posts
Thursday, July 2, 2009
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