online gambling singapore online gambling singapore online slot malaysia online slot malaysia mega888 malaysia slot gacor live casino malaysia online betting malaysia mega888 mega888 mega888 mega888 mega888 mega888 mega888 mega888 mega888 The Weird Economics of Apple Upsell

摘要: Apple provides a good example of a strange economic phenomenon

 

 

A lot of economic theories, predictions, and policies are based on the assumption that people are essentially rational. But is that a reasonable assumption? Naturally, that will depend on exactly what we mean when we say people are rational.

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At first thought, this seems like an odd assumption, because people often make decisions that certainly appear to be irrational and against their own best interests.

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Mainly what economists mean when we say people are rational is that people aren’t just making decisions at random. There’s a pattern to their decisions because they follow some decision-making rules. And this is what gives their decisions some degree of predictability.

A simple example might explain it better:

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