31 Οκτ 2018
Weber Law - Shouldn't this be used in Economics? (Maybe it is.) For example, Thaler's story of people traveling for a $5 discount on a $15 product vs not traveling for the same discount on a $600 product seems to fit this rule very well.
"In emerging markets, the shallow reach of traditional money systems means there’s less resistance to new financial technology." Bloomberg Businessweek covers Bancor's groundbreaking community currency initiative in Kenya.
The impact of obesity and overweight on the U.S. economy has eclipsed $1.7 trillion, an amount equivalent to 9.3 percent of the nation's gross domestic product, according to a new Milken Institute report on the role excess weight plays in the prevalence and cost of chronic diseases.