1. Describe one of these three experiments mentioned by Thaler: the cashews, the Professor and his...
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1. Describe one of these three experiments mentioned by Thaler: the cashews, the Professor and his wine, OR the tickets to the game during the snow storm. Who didn't act "rationally" in that scenario and what did Thaler mean by SIFs? 2. What does the "mugs and tokens" experiment say about the the Coase theorem, or more generally, about the allocation of goods and services? 3. On page 27 of Willful, Richard Robb explains that there is a dynamic that exists between Venture Capitalists and Entrepreneurs that is fundamentally grounded in belief what is he talking about? 4. On page 36 of Willful, Richard Robb described the "Lottery Winner's Curse." What is the curse? Do you see this in your own life as well? 1. Describe one of these three experiments mentioned by Thaler: the cashews, the Professor and his wine, OR the tickets to the game during the snow storm. Who didn't act "rationally" in that scenario and what did Thaler mean by SIFs? 2. What does the "mugs and tokens" experiment say about the the Coase theorem, or more generally, about the allocation of goods and services? 3. On page 27 of Willful, Richard Robb explains that there is a dynamic that exists between Venture Capitalists and Entrepreneurs that is fundamentally grounded in belief what is he talking about? 4. On page 36 of Willful, Richard Robb described the "Lottery Winner's Curse." What is the curse? Do you see this in your own life as well?
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One of the experiments mentioned by Thaler is the scenario with the cashews In this experiment Thaler observed that even though participants in a semi... View the full answer
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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