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Price theory. Microeconomics… which is largely how a single actor makes a decision, whether to buy something or where to set a price, and how that leads to mark
by RockyMcNuts 9y ago
Price theory. Microeconomics… which is largely how a single actor makes a decision, whether to buy something or where to set a price, and how that leads to market equilibria when many people do that in some utility-maximizing manner.
- agumonkey 9y agoAlso, does this include the psychological effect of price ? selling at 0$ doesn't mean people will grab it, they might assume it's crap. Thanks nonetheless to both you.
- yllaucaj 9y agoI think a question like that would fall under the umbrella of "consumer behavior".
- dieterrams 9y agoBehavioral economics.