Flimsy Sanity: Different atmosphere????

Flimsy Sanity

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. - Friedrich Nietzsche

Monday, August 08, 2005

Different atmosphere????

People will pay different amounts for the same item depending on who is providing it. The economist Richard Thaler, in his 1985 ''Beer on the Beach'' study, showed that a thirsty sunbather would pay $2.65 for a beer delivered from a resort hotel but only $1.50 for the same beer if it came from a shabby grocery store.

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