The Fallacy Of Supply And Demand - How Market Prices Arbitrarily Anchor Our Perceptions Of Value

Publishing Cambridge Review

Summary

THE FALLACY OF SUPPLY AND DEMAND
 
 
 
HOW MARKET PRICES ARBITRARILY ANCHOR OUR PERCEPTIONS OF VALUE
 
 
 
(PSYCHOLOGY & BEHAVIOR)
 
 
 
WRITTEN BY: CAMBRIDGE REVIEW PUBLISHING
 
 
 
 
 
ABOUT THIS BOOK
 
This book has been crafted by integrating the insights and expertise of numerous renowned international specialists in the field. Rather than relying on a single or average source, it draws from a rich combination of premium, authoritative perspectives, ensuring that readers gain access to the highest quality knowledge available.
 
 
 
 
 
CONTENT:
 
The Illusion Of Control: Why We Think We're Rational
 
The Arbitrary Nature Of Value: Lessons From The Pearl King
 
The Imprinting Effect: How Our First Encounters Set The Stage
 
The Coherence Of The Arbitrary: The Social Security Number Experiment
 
Beyond The Sticker Price: When Tags Become Anchors
 
The Long Shadow Of The First Decision: Housing And Annoying Sounds
 
Herding And Self-Herding: The Influence Of Others And Our Past Selves
 
Rewriting The Rules: The Starbucks Approach To New Anchors
 
The Tom Sawyer Effect: Redefining Work And Pleasure
 
The Flawed Pillars: Supply And Demand In A World Of Irrationality
 
The Memory Trap: Price Sensitivity, Preferences, And Past Payments
 
When Free Markets Fall Short: Rethinking Trade And Utility Maximization
 
The Call For Intervention: Policy In An Imperfect Marketplace
 
Personal Finances And The Power Of Questioning Our Habits
 
Discovering Free Lunches: Leveraging Irrationality For Better Outcomes

Available since: 08/30/2025.

Print length: 43 pages.

Body, Mind & Spirit

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