Why Economists Hate Psychologists
Saturday, July 10, 2010 - 06:14
in Psychology & Sociology
Think you're rational? Think again. Here's but one example, gentle reader, of your brain unbound by reason. Blue Devil basketball tickets are a hot commodity: there are far more fans than seats. And so some students enter a ticket lottery. After one of these lotteries, Duke researchers posing as ticket scalpers found that students who lost the raffle were willing to pay $170 for a seat, while students who won tickets would only sell their seats for an average of $2,400. read more