What is rational behaviour for a rich person – is signalling for a poor. Imaging that a rich person chose the best car for his needs and it is, say, a 50K car. A poor person who want to look rich will also buy the same car in leasing.
What is rational behaviour for a rich person – is signalling for a poor. Imaging that a rich person chose the best car for his needs and it is, say, a 50K car. A poor person who want to look rich will also buy the same car in leasing.