this post was submitted on 20 May 2025
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Literally in page one of econ textbooks they will say “a common exception to the rational actor theory is like when people need emergency medical services.” AND THEN they just ignore that GLARING caveat for the rest lf the book. Snake oil.
Another exception is how sometimes increasing prices will increase sales rather than the other way around.
Also a lot of the time, a discount will get more attention than the price itself. Like $1000 with a 60% markdown ($400 final) might sell more than the same thing at $350 with 0% markdown.
The Udemy system
yessir! veblen goods https://www.investopedia.com/terms/v/veblen-good.asp
I love the implication that a "rational actor" would choose death over losing money
hi guyes im disabled and have cancer checks bank account awe sheit well that has been a good life can’t afford this no more😊 ta ta all