Consider the following common scenario. An economist is attending a conference in an unfamiliar city.

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September 9, 2020
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September 9, 2020

Consider the following common scenario. An economist is attending a conference in an unfamiliar city.

Consider the following common scenario. An economist is attending a conference in an unfamiliar city. She is in the mood for a high-quality dinner and wanders through the centre of the city looking for a restaurant. After narrowing her search to two establishments, she ultimately selects the restaurant with the higher prices. What might account for this behaviour?

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Consider the following common scenario. An economist is attending a conference in an unfamiliar city. was first posted on September 9, 2020 at 8:52 pm.
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