The Thursday, September 14, issue of the Wall Street Journal reports on yet another
consumer anomaly . . .as if we didn't have enough holes in the
once-munster-but-now-swiss-cheese body of economic wisdom.
This week's anomaly of choice: The hotel mini-bar
As reported:
"Dave Hofert wouldn't
F. Guillermo wrote:
Here some cute numbers
Title Amazon.com sales Rank Approx Price
The Communist Manifesto 3,955 $5
The Road to Serfdom 866$8
Wealth of Nations 1,782 $9
Essential Works of Lenin
Regarding the exchange between W. Dickens and B. Caplan over decision heuristics:
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I encourage you to browse, if you haven't, the following:
FAMA, EUGENE F., "Market Efficiency, Long-term Returns, and Behavioral Finance," The
Journal of Financial