Video category: Behavioral Economics

Have You Ever? You and your friends want to see your favorite band live in concert. The tickets are $100 each, so you save up

Problem Normally, when you make a purchase, you know exactly the cost of what you’re buying. We expect its price to reflect the cost of

Have You Ever? You’re at a new restaurant with some friends and having a great time. You’ve been so busy talking and catching up that

Have You Ever? Can you think of a time you bought something because all your friends seemed to have it? Have you ever wondered how

Problem Maggie and Lou are found at a crime scene. Given the physical evidence, they’re each looking at about one year in prison. However, the

Have You Ever? Picture yourself at the mall. When you go shopping for clothes or electronics, how do you make the choices that you make?

Background Picture this: It’s the 1950s. There are very few regulations in place regarding the hunting of wild animals – it’s a free-for-all. You are

Have You Ever? You’re the goalie on your local soccer team. Whenever you’re on the field, your coach insists that you wear knee pads. “They’ll

Behavioral Economics