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Actually people are thought to be risk seeking when it comes to losses instead of gains. http://www.jstor.org/pss/1914185 http://www.jstor.org/pss/1914185 Unl
by nsrivast 17y ago
Actually people are thought to be risk seeking when it comes to losses instead of gains.
http://www.jstor.org/pss/1914185 http://www.jstor.org/pss/1914185
Unlike most people in this discussion, I like the idea and think it might work under certain circumstances (probably goods with low prices and high price inelasticity).