[Link] TED Talk on Perceived Value
Rory Sutherland, an ad man (who missed his calling as a comedian), gives this talk on perceived value versus “real” value, and comes down in favor of more of the first. He also dabbles in history, status, behavioral economics, and the importance of user interface design.
that was really good
He also seems to be well-versed in some of the finer aspects of (ir)rationality:
Winning fungibility suggestion at the 2-minute mark.
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