Economic Value - Deepstash
Economic Value

Economic Value

Economic Values that people typically consider when evaluating a potential purchase... Efficacy, Speed, Reliability, Ease of Use, Flexibility, Status, Aesthetic Appeal, Emotion, Cost.

4

60 reads

CURATED FROM

IDEAS CURATED BY

pranto005

Curious By 💝& Always Like to Help Others😊

10 best quotes from "The Personal MBA"

Similar ideas to Economic Value

Economic rationality

Economic rationality

We usually think about rationality as being sensible or reasonable. For economists, rationality means when you make a choice, you will choose the thing you like best. Economic rationality accepts that people will act in a relatively predictable way.

Economists use thi...

Economic Forecasts Are Worse Than Weather Forecasts

Economic Forecasts Are Worse Than Weather Forecasts

Economic information comes from all angles in the media, constantly exposing us to endless analysis, commentary, opinion and debate. Yet this onslaught doesn’t seem to make us any wiser in knowing where the economy is heading. For the millions of people trying to read the economy, only a few are ...

Common Explanations for Status Quo Bias

These explanations are all irrational for preferring the status quo:

  • Loss Aversion: When we make decisions, we weigh the potential for loss more heavily than the potential for gain.
  • Sunk Costs: We continue to invest resources like time, mone...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates