spag

1. Relativity, Loss
aversion and
Fairness
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2. Fairness
Fan 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

3. 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.
$