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Tag Archives: information
Beyond value for money: lessons from a broken-down car
(Featured image: cottonbro studio/pexels) Economic transactions like purchases are often treated as exchanges: you pay someone money and get goods or services in return. But is the only thing that matters that the benefit outweighs the cost – that you … Continue reading
The value of (not) knowing
We pay for goods and services, but are we also prepared to pay to know something – or indeed to not know something? The economy is mostly concerned with the trading of goods and services – that is what … Continue reading
Posted in Behavioural economics, Economics, Psychology
Tagged cognitive economics, information, knowledge
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