Predictably Irrational, Ch. 2: Did it disprove the law of demand?
Chapter 2 of Predictably Irrational is titled: "The Fallacy of Supply and Demand". It presents data that seems to violate the law of demand. In this video, I resurrect the law of demand by explaining how the phenomena from Dan Ariely's chapter can be built into behavioral economics models. And, of course, once you build this in properly, there is no violation of the law of demand.
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Watch video Predictably Irrational, Ch. 2: Did it disprove the law of demand? online without registration, duration hours minute second in high quality. This video was added by user Ashley Hodgson 28 June 2020, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,22 once and liked it 3 people.