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Krispy Wafer posted:You can't justify 10 million for a football coach if you're getting low energy players. Letting student athletes make money off their position in any context would ruin the integrity of the game, but paying coaches like Fortune 500 CEOs is totally kosher because gently caress you. John Smith posted:Yup, got it. It is all the White Men's fault. How can any reasonable man think that it is the poor's fault for getting into such debt? It's certainly not the poor's fault that they're living in a country where education and healthcare are treated like luxuries while owning a car is very often a necessity. Or that one of our major political parties thinks that having the government enforce solid protection for their legal rights is "anti-business".
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# ? Dec 3, 2017 01:28 |
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# ? Jun 3, 2024 21:57 |
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How can I go to a private school I can't afford?quote:Hello. Im a 19 year old college student in a pretty bad financial state right now. There's a private college I really want to attend but the tuition is close to $12,000 and they don't work with OSAP at the school. Any suggestions for being able to afford that kinda tuition? As a side note, the only reason I can attend college is because of OSAP. Any help would be appreciated. quote:The college is called Max The Mutt and it has an illustration program better than most of post-secondary schools in Ontario. The thing is I'm 90% sure I could get in based on my application. It's the tuition that's the only barrier. Props to this guy for not sugar coating it but lol, don't do it bro. ps gently caress john smith forever and always, crawl up your own rear end and die shitbitch. (USER WAS PUT ON PROBATION FOR THIS POST)
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# ? Dec 3, 2017 02:22 |
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brugroffil posted:Bwm rewriting the tax code of the biggest economy in the world in an afternoon It's not like they have to live with the mistakes, they're getting paid no matter what happens. This is a thing of beauty.
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# ? Dec 3, 2017 02:44 |
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greazeball posted:Everybody gets into debt, but when white people in Memphis file for bankruptcy, they're much more likely to actually get their debt discharged than black people. Cockmaster posted:It's certainly not the poor's fault that they're living in a country where education and healthcare are treated like luxuries while owning a car is very often a necessity. Or that one of our major political parties thinks that having the government enforce solid protection for their legal rights is "anti-business". Guest2553 posted:ps gently caress john smith forever and always, crawl up your own rear end and die shitbitch.
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# ? Dec 3, 2017 04:25 |
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John Smith posted:Right... can't be because these White people got their poo poo together better than these Black people. It must be because of pure discrimination without a single bit of personal diligence coming into play. After all, we know that everybody takes financial and legal matters very seriously and with due diligence, right? It’s forbidden to encourage suicide, so I’ll just wish you a happy holidays and hope you get either a brain or a heart in your gifts.
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# ? Dec 3, 2017 04:33 |
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# ? Dec 3, 2017 04:39 |
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Subjunctive posted:It’s forbidden to encourage suicide, so I’ll just wish you a happy holidays and hope you get either a brain or a heart in your gifts.
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# ? Dec 3, 2017 04:39 |
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John Smith posted:Right... can't be because these White people got their poo poo together better than these Black people. It must be because of pure discrimination without a single bit of personal diligence coming into play. After all, we know that everybody takes financial and legal matters very seriously and with due diligence, right? Explain to me how a white person and black person who are filing for bankruptcy are different, except for the color of their skin. I'm curious. I mean, I'm sure your reasoning will be racist garbage, but I want something to laugh at you over.
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# ? Dec 3, 2017 04:42 |
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blackmet posted:Explain to me how a white person and black person who are filing for bankruptcy are different, except for the color of their skin. I'm curious. John Smith fucked around with this message at 08:26 on Dec 3, 2017 |
# ? Dec 3, 2017 05:08 |
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Guys, seriously. Stop closing the drawer on your dicks.
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# ? Dec 3, 2017 05:16 |
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FrozenVent posted:Guys, seriously. Stop closing the drawer on your dicks. Agreed. Putting him on my ignore list was the best thing that I've ever done. He never contributes anything, isn't even an entertaining troll. I wish quoting him was grounds for probation. BWM content: Buying rental/"investment" properties seems to be a hobby with military spouses I'm learning, although I can't for the life of me figure out why (even among ones who already have work). Hanging around with a few I heard from one that she was trying to talk her husband into buying another house--my ears perked up and my heart sank. It turned out that it would be (I think) the 4th home they own. A few days later she was talking about some reno work with a contractor that went sideways due to him commencing a lot of work that she didn't agree to do while she needed emergency medical care, doubling the cost of estimated work. She asked what I thought she should do about it and I said to get hold of all her records with him, then tell him to knock the price back down to their written estimate, or she could go after his contracting license. It had never occurred to her to get a licensed contractor. A week later she asked me how to budget.
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# ? Dec 3, 2017 05:36 |
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Football chat: a lot of the prestige programs might not rake in the cash with ticket sales or bowl game appearances, but will do it with licensing and apparel: https://www.freep.com/story/sports/college/university-michigan/wolverines/2016/04/26/michigan-nike-contract/83533954/ (no, it's not that Freep) Looking up a link for this I found OSU signed an even bigger Nike deal of $252mil over 15 years, holy lmao Another BWM football-related disaster near me is the empty and decaying carcass of the Pontiac Silverdome, former home of the Lions, which is being exploded tomorrow at 8:30am EST. It cost $248mil in 2017 dollars to build, and was essentially abandoned in 2006, only to briefly reopen in 2010 after someone bought it from the city for ~$600,000. And because no story about Detroit is complete without corruption: http://www.mlive.com/news/detroit/index.ssf/2017/09/60_volkswagens_are_believed_st.html posted:The president of Detroit-based contractor Adamo Group, Richard Adamo, told the Detroit Freep Press in June that his company, hired by Triple Investment Group, planned to possibly begin demolition of the Silverdome in July, contingent on permits from the city. For added hilarity, the ~120 acres of parking lots at the Silverdome are currently being used as a graveyard for VW diesel vehicles from the recall. Here's a link if you want to see it go boom tomorrow: https://www.clickondetroit.com/news/pontiac-silverdome-demolition-begins-sunday-how-to-watch-parking-what-to-know
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# ? Dec 3, 2017 06:04 |
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Subjunctive posted:You get an asset, under colour of law. Maybe not priced the way you or I would value it, maybe not liquid long term, but that’s the case for art too, and for equity especially for private companies. (There’s actually better work being done for pricing art than tokens or private shares, mind you.) This is true in the vague sort of way that it's also true of naming rights to a star, timeshares in heaven, or magic beans.
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# ? Dec 3, 2017 11:17 |
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Sirotan posted:Football chat: a lot of the prestige programs might not rake in the cash with ticket sales or bowl game appearances, but will do it with licensing and apparel: https://www.freep.com/story/sports/college/university-michigan/wolverines/2016/04/26/michigan-nike-contract/83533954/ (no, it's not that Freep) I clicked the link and found that the most Detroit thing happened. It didn't implode. https://www.clickondetroit.com/news/video-pontiac-silverdome-demolition-begins-with-failed-partial-implosion
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# ? Dec 3, 2017 15:04 |
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John Smith posted:Simple. According to the posted articles, these White clients pay their lawyers the full cash fees whereas these Black clients don't. Last reply before I place you on ignore forever... That proves pretty much nothing at all. Whether the BK lawyer wants to be paid before or after the bankruptcy means nothing in regards to your work ethic, it's just how they choose to do their contract. A white person could go to the black lawyer and do the same thing. Yes, the people who do chapter 13 often fail, based on the article. But it still says nothing about their work ethic. Guy 1 and Guy 2 both file bankruptcy. Both make 30K per year, a low enough income to qualify for chapter 7. Both have $1000 a month in debt. Guy 1 files chapter 7, goes from having $1000 a month in debt to $0. Gets hit with a $3000 medical bill a year later, can make a $250 a month payment plan and stick to it because he has no other debt. Guy 2 files chapter 13 instead of chapter 7, even though he qualifies for 7. His debt load gets reduced to $300 a month. Gets hit with a $3000 medical bill, makes a $250 a month payment plan...and is right back to the brink. This has nothing to do with race, you shithead.
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# ? Dec 3, 2017 15:18 |
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Oil! posted:I clicked the link and found that the most Detroit thing happened. It didn't implode. It is because of all the bodies encased in the concrete caused the calculations to be off. They absorbed the blast.
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# ? Dec 3, 2017 15:26 |
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Oil! posted:I clicked the link and found that the most Detroit thing happened. It didn't implode. Yeah, lol. They are now saying they'll let gravity do its thing and it will come down over the next days to weeks. #Detroit
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# ? Dec 3, 2017 15:27 |
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I'm assuming all the copper has been stripped out of it months and months ago correct?
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# ? Dec 3, 2017 15:56 |
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blackmet posted:Last reply before I place you on ignore forever... blackmet posted:Whether the BK lawyer wants to be paid before or after the bankruptcy means nothing in regards to your work ethic John Smith posted:Right... can't be because these White people got their poo poo together better than these Black people. It must be because of pure discrimination without a single bit of personal diligence coming into play. (USER WAS PUT ON PROBATION FOR THIS POST)
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# ? Dec 3, 2017 17:48 |
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Friends of ours just bought into the Disney timeshare program.
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# ? Dec 3, 2017 18:11 |
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H110Hawk posted:Friends of ours just bought into the Disney timeshare program. Mwahaha, it's like a BWM double-header. Tell me they can't afford it, or an unexpected $1000 expense.
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# ? Dec 3, 2017 18:13 |
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A friend of mind spent an hour on Friday night asking me about how to buy "Bitcom". At first I thought she was just curious because of the hype lately but after awhile I realized she was trying to get actual instructions so she could buy some. Step 1: learn the correct name of the thing you want to buy....
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# ? Dec 3, 2017 18:15 |
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With football there's also the possiblility that CTE will torpedo the entire sport, probably starting at the HS level.
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# ? Dec 3, 2017 19:48 |
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Droo posted:A friend of mind spent an hour on Friday night asking me about how to buy "Bitcom". At first I thought she was just curious because of the hype lately but after awhile I realized she was trying to get actual instructions so she could buy some. Something similar came up for me at work the other day, although my coworkers could at least name the product they were buying. I'm the wet blanket for not thinking that Bitcoin is a good investment, despite having by far the best understanding of what it is and how it works. They're buying an asset they don't understand, from people they shouldn't trust, for a price they can't explain. On the other hand, another coworker remembered that he got a 5 Bitcoin sign up bonus for joining a website or something years ago. He just has to try and remember where he put it. I'm rooting for him.
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# ? Dec 3, 2017 20:11 |
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I Like Jell-O posted:Something similar came up for me at work the other day, although my coworkers could at least name the product they were buying. I'm the wet blanket for not thinking that Bitcoin is a good investment, despite having by far the best understanding of what it is and how it works. They're buying an asset they don't understand, from people they shouldn't trust, for a price they can't explain. Yeah I have a colleague who tells me he tells me he purchased 6 - which would be a cool $72K if he could find it to cash out. Whoops.
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# ? Dec 3, 2017 20:45 |
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What Living on $100,000 a Year Looks LikeJacob Hugart, St. Paul, Minn. with 5 kids posted:"Have two incomes, and one is essentially dedicated to daycare, or have one income and a stay-at-home parent." I had some sympathy for the woman with the medical bills because I know firsthand how they can overwhelm even amazing finances, but then it was "sometimes we have to give up our cellphones!" and "me and my husband haven't had Christmas in 10 years!" I don't know if these people are all just horrific or if NPR did them absolutely no favors. The portrayal of almost every single one is that they are in over their heads because they're trying to keep up with the Joneses. This guy, though, I want to grab him and scream in his face. He's totally missed the point that even if you don't have pile of money to swim in after your needs and (I'm certain) a generous number of your wants are covered, you're still better off than the half the country. Like maybe if you didn't want the focus of your life to be your 5 children, and you wanted new kitchens and cars all the time, don't have 5 kids?
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# ? Dec 3, 2017 21:37 |
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He should be using his kids to remodel his kitchen. Problem solved.
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# ? Dec 3, 2017 21:59 |
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These are tough as someone who loves animals, but......but...... HELP! my girlfriends cat was taken to the emergency room last night! and its going to wipe us out. quote:this is my first time posting on personal finance so please be kind as i am in a panic! last night my girlfriend called me at 2 am saying her orange tabby cat (3) years old was wincing and couldn't walk. long story short, after spending time googling symptoms she decided it was worth a trip to an emergency vet. that cat will be needing surgery in order to live and they required a 1300 deposit, all in all this will cost close to +5,000$ when its said and done. we both make 45,000 a year and have about 30,000 dollars in debt each. with our current spending habits we can only save 400$ a moth. our combined Emergency funds are going to be cleared out to cover this. what resources/tactics/questions/actions do i need to look into to mitigate this expense? are we just screwed? any and all advice will be greatly appreciated!
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# ? Dec 3, 2017 22:33 |
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How did this loan even HAPPEN??? https://www.reddit.com/r/personalfinance/comments/7h7cmv/upside_down_on_my_car/?st=jar9rbis&sh=0a14e679 quote:So, I am extremely upside down on a car, about 10k to be precise, Car is worth about 6k and my loan is at 16k. I need ideas on how to get out of this (illegal or legal). Please do not answer this with "just pay off the loan" i have heard it a million times before and thats not the answer i want i am not financially stable enough to pay it off anytime soon and the car in unreliable keeping it is absolutely not an option. I am about to just trade it in and take the negative equity but i know someone on here has to have a better idea. Like i said open to any suggestions quote:it is a 2004 honda S2000, problem is it has a salvage title quote:117k miles
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# ? Dec 3, 2017 22:35 |
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3 years old, hoo. That cat could have a long and expensive life ahead of it yet.
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# ? Dec 3, 2017 22:35 |
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Motronic posted:These are tough as someone who loves animals, but......but...... God I love behavioral economics. It perfectly explains why this situation arises, and cements how little you can do to talk someone out of this kind of a position. Endowment effect - MY cat versus EVERY OTHER cat. Anchoring - tied to the first decision of taking the animal to the hospital. Ego depletion / decision fatigue - emotional exhaustion taking a toll on ability to make good decisions. Hyperbolic discounting - a dead cat in a year wouldn't be traded for $5,000. Loss aversion - these people wouldn't pay $5,000 for a cat, despite the fact that in 3 years the cat would be just as close to them as this one. Opportunity choice neglect - especially financial freedom and security. Status quo bias - this woman is unrealistically committed to the timeline in which her cat remains living. Tunneling - in an emergency, people can ONLY think about the emergency.
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# ? Dec 3, 2017 22:59 |
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NancyPants posted:What Living on $100,000 a Year Looks Like Yeah, I want to see their budget and figure out which BWM life decision hit them the hardest. There aren't a lot of them IMO which can gently caress your numbers up at $100K level: Kids Drugs House / Too Much House / Unaffordable City Medical Bills Bad Education Choices Keeping Up With the Jonses I get that kids are expensive and gently caress medical bills, but a person must make many bad conspicuous consumption choices every month to not live comfortably at or near $100K. At that wage level, a person literally has thousands of dollars of disposable income a month. The complete lack of perspective at that level shows how pathetic people are. On a similar note, I wonder how many individual budget crisis could be answered with a "get a roommate, you idiot" campaign in America's cities. Yeah, you can be 40 years old with a roommate. It doesn't matter. People's opinions don't matter. On the coasts, it's basically the equivalent to getting a part-time job for little to no extra work. Blinkman987 fucked around with this message at 23:08 on Dec 3, 2017 |
# ? Dec 3, 2017 23:05 |
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EAT FASTER!!!!!! posted:God I love behavioral economics. It perfectly explains why this situation arises, and cements how little you can do to talk someone out of this kind of a position. Beep boop lives you are attached to can be converted to dollar amounts what is this e-mo-tion you speak of? (Ask me about my dog's $1,000 piece of bread dough)
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# ? Dec 3, 2017 23:08 |
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EAT FASTER!!!!!! posted:God I love behavioral economics. It perfectly explains why this situation arises, and cements how little you can do to talk someone out of this kind of a position. Autism - posting that
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# ? Dec 3, 2017 23:11 |
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Papa John Misty posted:Autism - posting that I'm not an econ nor do I make most of my decisions like it but I think it's a really useful exercise to think about the pitfalls inherent in this kind of decision making! 22 Eargesplitten posted:Beep boop lives you are attached to can be converted to dollar amounts what is this e-mo-tion you speak of? For our dog it was $1,500 jellybeans.
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# ? Dec 3, 2017 23:18 |
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EAT FASTER!!!!!! posted:I'm not an econ nor do I make most of my decisions like it but I think it's a really useful exercise to think about the pitfalls inherent in this kind of decision making! Agreed. I enjoyed that post and it was a good post.
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# ? Dec 3, 2017 23:25 |
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OP of the cat post edited in some budget info:https://www.reddit.com/r/personalfinance/comments/7hcgp2/help_my_girlfriends_cat_was_taken_to_the/ posted:NUMBERS BROKEN DOWN: 22 Eargesplitten posted:(Ask me about my dog's $1,000 piece of bread dough)
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# ? Dec 3, 2017 23:29 |
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EAT FASTER!!!!!! posted:I'm not an econ nor do I make most of my decisions like it but I think it's a really useful exercise to think about the pitfalls inherent in this kind of decision making! For my old dog it was $40 frozen pork chops. How they didn't kill him is still a mystery.
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# ? Dec 3, 2017 23:37 |
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EAT FASTER!!!!!! posted:God I love behavioral economics. It perfectly explains why this situation arises, and cements how little you can do to talk someone out of this kind of a position. Endowment effect: certain inferior humans experience emotions such as love and/or affection.
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# ? Dec 3, 2017 23:44 |
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# ? Jun 3, 2024 21:57 |
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Vox Nihili posted:Endowment effect: certain inferior humans experience emotions such as love and/or affection. The really wild thing about the endowment effect is that it sets in with totally inanimate objects that you didn't want or need in the first place basically the second you give them to someone. Like, the original study by Thaler was done with coffee mugs, which then showed an endowment effect to the tune of 50% of the median value. If I gave you a coffee cup and ask you how much I'd have to pay before you'd sell it to me, you'll name me a price that's 50% higher than the price for which you'd buy that same cup. Incredible stuff.
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# ? Dec 3, 2017 23:52 |