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While economics might have some insight into how people value things, humans don't really treat everything as a transaction. The story that comes up from time
by mbg721 5y ago
While economics might have some insight into how people value things, humans don't really treat everything as a transaction.
The story that comes up from time to time is a day-care that charged fees to parents who arrived late, and that caused more tardiness, because now the parents didn't feel guilty; now they were buying something.
- zakary 5y agoI hadn’t heard of the day care example before . That’s really interesting.