Why Don’t People Take Free Cash?
by Prof. Syon Bhanot & Antonia Violante for Misbehaving
This post originally appeared on the Misbehaving Blog, powered by ideas42 and the Center for Decision Research at the University of Chicago. Two economists are walking down the street. One sees a $20 bill lying on the sidewalk and says, “Look at that $20 bill!” The second economist responds, “Nah, that’s not a $20 […]