Uploaded January 2021 | Updated September 2026, 2 hours ago
Behavioral economics shows us the quirks of our decisions. It also shows how a marathon is like buying a car. #economics
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Papers Cited:
Heuristic Thinking and Limited Attention in the Car Market, American Economic Review (2012) 102(5), 2206-2236 | Nicola Lacetera, Devin G. Pope, and Justin R. Sydnor
Reference-Dependent Preferences: Evidence from Marathon Runners, Management Science (2017) 63(6), 1657-1672 | Eric J. Allen, Patricia M. Dechow, Devin G. Pope, and George Wu
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Behavioral economics shows us the quirks of our decisions. It also shows how a marathon is like buying a car. #economics
Sign up for my newsletter here: marketpower.substack.com
And you can find me on twitter: twitter.com/MarketPowerYT
Papers Cited:
Heuristic Thinking and Limited Attention in the Car Market, American Economic Review (2012) 102(5), 2206-2236 | Nicola Lacetera, Devin G. Pope, and Justin R. Sydnor
Reference-Dependent Preferences: Evidence from Marathon Runners, Management Science (2017) 63(6), 1657-1672 | Eric J. Allen, Patricia M. Dechow, Devin G. Pope, and George Wu
RECOMMENDED VIDEOS
Fields of Economics Tier List youtu.be/kGnmMgELyLY
The Cybertruck Pre-Orders Are BRILLIANT (Economist Explains) youtu.be/6pGsEEElY2Y
The Best Way to STAND OUT as an Economics Student youtu.be/XbXsHn32VyY
6 Biggest Lies About Majoring in Economics youtu.be/_qUbSBog_rw
