Jul 10, 11 •
166 Views •
Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic Debates, Households, Regulation •
Elaine Schwartz •
Learning that a Big Mac has 540 calories and a large fries, 500, will people select a salad? According to the Washington Post, “No.” We do not have the will power to avoid long term cost when faced with short term benefit. This takes us to the
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