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Remember the $5 footlong? The economics behind "reference prices"

August 26, 2023

Whether it's the cost of a sandwich or a gallon of gas, the behavioral economics principle of reference prices shape our views of inflation.

United States University Of Southern California Scott Olson Getty Gisel Carranza Joe Nunes Utpal Dholakia

Source: marketplace.org

Remember the $5 footlong? The economics behind "reference prices"

August 25, 2023

Gisel Carranza helps man the drive-thru window at a McDonald’s in Sacramento, California. Although every now and then, the job feels more like working as a…

United States Gisel Carranza Reaking News

Source: biztoc.com

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Gisel Carranza News Today

Remember the $5 footlong? The economics behind "reference prices"

Remember the $5 footlong? The economics behind "reference prices"

Explore More Categories