Pricing, The Secret
Posted on19 Sep 2013
Tagsfood, taste, subjective, restaurant, rationale, price, neoclassical economics, James Surowiecki, Influence, The Economist, economics, Dan Ariely, anchoring, violins, lobster, supply and demand, Drazen Prelec, George Loewenstein, values, Tom Sawyer fence painting, The New Yorker
Comments2
The secret to pricing is its arbitrariness, subjectivity. What disrupts this is anchoring, a preconceived benchmark of what should be the price.... Read More
Beauty as Power (Pt 3): Appreciation
Posted on19 May 2011
Tagsamputation, antiques, appreciation, beauty, Beauty as Power Series, gangrene, Hang 'Em High, health, heirlooms, learn, maggot, Maggot Therapy, medical, memorabilia, men, nurses, subjective, teach, Tom Sawyer, Tom Sawyer fence painting, Witness, women
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My Beauty as Power posts have generated emails regarding teaching what beauty is. Unfortunately, even though beauty is extremely subjective, we’re often... Read More