Cheap Custom Essay:Comparing Personal vs. Market Value
Comparing Personal vs. Market Value
Think of something that you own and are especially pleased to own, like your most comfortable recliner or sofa, your most stylish piece of clothing, or the bicycle that has accompanied you on so many adventures and pleasure rides.
That is, would you buy the item for that price? Is the seller an individual or a business? Granted that this isn’t nearly as rigorous as the kind of experiments that Ariely describes, what would you conclude about “the price of ownership,” based on what you have found, and how do your findings compare to Ariely’s?