What's most interesting is that would you do this experiment, you would probably find that Herb Simon's stuff would sell more than everyone else's just because he's dead.
What would be fun if you could conduct a study on how fast we rate videos 5 stars. :) I rated this 5 stars like within 20s. Do we rate 5 stars because we like the person or?
Nice video. He surely was a nice and amusing, and ofcourse a very smart man. Just two comments... First of all, I think I would WANT to pay a lot of money for this item if I had the money (or if I could miss it). But since that is not the case (I'm just a student in Finance), I can't bid very much for the book. It's kinda like I would be willing to pay more and more as I get more money in my savings account. Probably 400-500$ as a maximum.
Second, I think if you would do this experiment, you would have a bias in the results. More or less, people with a economic background who are kinda "trained" or interested in this kind of analysis will partake... therefore there may be a bias when we try to generalise this towards the public.
What's most interesting is that would you do this experiment, you would probably find that Herb Simon's stuff would sell more than everyone else's just because he's dead.
Yamikaiba123 1 year ago
I guess if we were rational we could never really rate anything a 5 Nothing is perfect?
trens 2 years ago
What would be fun if you could conduct a study on how fast we rate videos 5 stars. :) I rated this 5 stars like within 20s. Do we rate 5 stars because we like the person or?
bluevspink 2 years ago
I tudied with his books, pretty much like every economics major.
86kinky86 2 years ago
Nice video. He surely was a nice and amusing, and ofcourse a very smart man. Just two comments... First of all, I think I would WANT to pay a lot of money for this item if I had the money (or if I could miss it). But since that is not the case (I'm just a student in Finance), I can't bid very much for the book. It's kinda like I would be willing to pay more and more as I get more money in my savings account. Probably 400-500$ as a maximum.
Riverdale270 2 years ago
Second, I think if you would do this experiment, you would have a bias in the results. More or less, people with a economic background who are kinda "trained" or interested in this kind of analysis will partake... therefore there may be a bias when we try to generalise this towards the public.
But that just as a comment :). Hope to see
Riverdale270 2 years ago