Staying at home during the pandemic, we have shifted our impulse buying from the supermarket to our online shopping cart.
Formulating coronavirus policy, politicians and physicians can look at the successful non-pharmaceutical interventions during the 1918-1918 pandemic.
We could say that we are looking at salad bar economics when we compare the price per pound at the salad bar to the produce aisle.
Monetary incentives can influence a decision and distort the information we access for our cost and benefit research.
Our everyday economics includes scarcity, tradeoffs, cost, sustainability, hyperinflation, gender issues, externalities, African development, human capital.
With Whole Foods ranking produce as unrated, good, better, best, they are simplifying shoppers’ decision making and minimizing choice fatigue.