Tag Archive: Behavioral Economics

How Long Are You Willing to Stand in Line? Are You Willing to Walk Away?

Have you ever been walking down the street, only to stumble upon a line out the door and around the corner, usually at a popular gelato shop or a famous sandwich place?  Naturally,… Continue reading

Pessimists, Optimists, Vulnerability, and Happiness

When someone asks whether I’m an optimist or a pessimist, I joke by repeating the saying that “the glass is half-empty and filled with cyanide.”  Not exactly Schopenhauer I know, but awfully funny. … Continue reading

The Shopping Sirens’ Sale Song

“Never again,” I said to myself. But of course, I remembered I had uttered the exact same phrase to myself last year. And yet there I was, back in the same place one… Continue reading