THE FALLACY OF SUPPLY AND DEMAND
HOW MARKET PRICES ARBITRARILY ANCHOR OUR PERCEPTIONS OF VALUE
(PSYCHOLOGY & BEHAVIOR)
WRITTEN BY: CAMBRIDGE REVIEW PUBLISHING
ABOUT THIS BOOK
This book has been crafted by integrating the insights and expertise of numerous renowned international specialists in the field. Rather than relying on a single or average source, it draws from a rich combination of premium, authoritative perspectives, ensuring that readers gain access to the highest quality knowledge available.
CONTENT:
The Illusion Of Control: Why We Think We're Rational
The Arbitrary Nature Of Value: Lessons From The Pearl King
The Imprinting Effect: How Our First Encounters Set The Stage
The Coherence Of The Arbitrary: The Social Security Number Experiment
Beyond The Sticker Price: When Tags Become Anchors
The Long Shadow Of The First Decision: Housing And Annoying Sounds
Herding And Self-Herding: The Influence Of Others And Our Past Selves
Rewriting The Rules: The Starbucks Approach To New Anchors
The Tom Sawyer Effect: Redefining Work And Pleasure
The Flawed Pillars: Supply And Demand In A World Of Irrationality
The Memory Trap: Price Sensitivity, Preferences, And Past Payments
When Free Markets Fall Short: Rethinking Trade And Utility Maximization
The Call For Intervention: Policy In An Imperfect Marketplace
Personal Finances And The Power Of Questioning Our Habits
Discovering Free Lunches: Leveraging Irrationality For Better Outcomes
