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Posts tagged decision making

BTS, "I Need U"

Useful for loss aversion and sunk costs.

MicroeconomicsWayne GeerlingDecember 21, 2020addiction, inelastic demand, sunk costs, loss aversion, decision making, irrationality, rationality, K-pop

BLACKPINK, "Kill This Love"

Useful for sunk costs and loss aversion.

MicroeconomicsWayne GeerlingOctober 20, 2020sunk costs, loss aversion, decision making, marginal analysis, utility, K-pop, utility K-pop