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Your price sensitivity would rationally be set to look at the opportunity cost across spheres of spending- an extra $100 on your flight is 10 days of parking ti
by kerbalspacepro 8y ago
Your price sensitivity would rationally be set to look at the opportunity cost across spheres of spending- an extra $100 on your flight is 10 days of parking tickets or something like that.
It seems like you're falling to the "Mental Accounting" [1] fallacy, wherein you create buckets of money but forget that they're fungible. You splurge in one area and cut back in another. [0]https://en.wikipedia.org/wiki/Mental_accounting https://en.wikipedia.org/wiki/Mental_accounting
- deleted 8y ago[deleted]
- tptacek 8y agoNo, my point is that different decisions in how I park can make a bigger impact on my bottom line than whether I fly Southwest or American First Class. I take a real travel vacation maybe once every 3-4 years.