Irrationally Rational: Ten Nobel Laureates Script the Story of Behavioural Economics

You and your friend each have flights to catch at 8 p.m. and your destination cities are...
CHF 30.42
CHF 30.42
SKU: 9780143458166
Product Type: Books
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Author: V. Raghunathan
Format: Paperback
Language: English
Subtotal: CHF 30.42
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Irrationally Rational: Ten Nobel Laureates Script the Story of Behavioural Economics by Raghunathan, V.

Irrationally Rational: Ten Nobel Laureates Script the Story of Behavioural Economics

CHF 30.42

Irrationally Rational: Ten Nobel Laureates Script the Story of Behavioural Economics

CHF 30.42
Author: V. Raghunathan
Format: Paperback
Language: English
You and your friend each have flights to catch at 8 p.m. and your destination cities are different. You decide to share a cab, but get caught in a rare traffic jam lasting several hours. You end up at the airport around midnight, and surely enough, both of you miss your flights. All quantifiable consequences of missing the flights-cost of tickets cancellation, paying for a new ticket, taking a cab back to the city, overnight stay, taking a cab back to the airport next morning, etc.-are expectedly identical for both. Now suppose the airline assistant tells you, 'Sorry, your flight left as scheduled at 8 p.m. sharp.' But your friend is told, 'Oh, how very unfortunate. Your flight was almost four hours late and only just departed!' Who feels the greater disappointment? You or your friend?

Author: V. Raghunathan
Publisher: India Penguin
Published: 07/24/2022
Pages: 328
Binding Type: Paperback
Weight: 0.79lbs
Size: 8.40h x 5.20w x 0.70d
ISBN: 9780143458166

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