results of relativity, fairness and loss aversion
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Relativity, Loss aversion and FairnessBOND BOND BOND BOND BOND BOND BOND BOND BOND BOND BOND BOND
FairnessFan was 600 and the technician worked for 2 hours to replace your fan and asked 700 dollars. The second time we asked the same but the technician asked for 800 and worked for two days. for both we asked would they pay for it or no. Both scenarios had the same results.
Votes
Relativity
$70 dollars is a huge discount when the original price is $200, so people wouldn’t mind if they had to walk 3 blocks (5 minutes) to buy it.
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