Thaler, R$.$ H$.(2015).$ Misbehaving: The making of behavioral economics. WW Norton & Company. Chapters $14,15,$ and $16$

Topic A $($Thaler $14)-$ Discuss how free market price discovery in certain situations $($e$.$g$.,$ natural disasters, surge pricing$)$ conflict with our notions of fairness. How does this effect market outcomes? What are some other examples of fairness norms influencing normal supply$/$demand outcomes?

Topic B $($Thaler $15)-$ Describe the basics of the fairness experiments Thaler discussed. What is the general conclusion one can reach? Where have you personally encountered fairness usurping pure economic$-$driven decisions?

Topic C $($Thaler $16)-$ Explain Thaler's Endowment Effect studies. How was the effect measured? What are the similarities to the fundamentals of loss aversion?