Irrationally Rational : Ten Nobel Laureates Script the Story of Behavioural Economics Paperback / softback
by V. Raghunathan
Paperback / softback
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Description
You and your friend each have flights to catch at 8 p.m. and your destination cities are different. You decide to share a cab, but get caught in a rare traffic jam lasting several hours.
You end up at the airport around midnight, and surely enough, both of you miss your flights.
All quantifiable consequences of missing the flights-cost of tickets cancellation, paying for a new ticket, taking a cab back to the city, overnight stay, taking a cab back to the airport next morning, etc.-are expectedly identical for both.
Now suppose the airline assistant tells you, 'Sorry, your flight left as scheduled at 8 p.m. sharp.' But your friend is told, 'Oh, how very unfortunate.
Your flight was almost four hours late and only just departed!' Who feels the greater disappointment?
You or your friend?
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Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Paperback / softback
- Pages:328 pages
- Publisher:Penguin Random House India
- Publication Date:24/06/2022
- Category:
- ISBN:9780143458166
Other Formats
- Hardback from £15.53
Information
-
Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Paperback / softback
- Pages:328 pages
- Publisher:Penguin Random House India
- Publication Date:24/06/2022
- Category:
- ISBN:9780143458166