When it comes to the artful science of economics, most American farmers and ranchers are classic Ricardians, or followers of David Ricardo, an 18th century English stock trader whose influential book, ...
When it comes to the artful science of economics, most American farmers and ranchers are classic Ricardians, or followers of David Ricardo, an 18th century English stock trader whose influential book, ...
— -- Can thinking about an arbitrary number influence how much you're willing to pay for a computer keyboard, a bottle of wine or a box of chocolates? Apparently so — and the degree of influence ...
The answer is you want to trust too much because eventually, if people trust too much, it helps. Dan Ariely is a professor of behavioral economics at Duke University and the best-selling author of ...