stackyFACTSMany people are utterly incapable of believing in a mutually beneficial transaction. If the person selling them an item seems slightly too happy about the deal, the buyer immediately assumes they must have been brutally swindled, completely ruining their own satisfaction.
Keep exploring facts in this topic.
Economy →STACKY FOR IPHONEKeep discovering with Stacky. Interesting facts in an app that is always within reach.
Talking a frantic individual into dropping a weapon is essentially just running a high-stakes decision tree. Professionals utilize strict sequential models,…
Discover more
When proposing a rate to a new client, always offer three distinct tiers of service, making your most expensive option drastically higher than the middle one.…
Discover more
Sometimes the most efficient way to solve a dispute is just to buy your opponent's cooperation. The Coase theorem suggests that if transaction costs are low,…
Discover more
Inequity aversion means that finding out a lazy coworker gets treated better than you will instantly destroy your motivation. Humans possess a deep, primal…
Discover more
Julius Caesar was kidnapped by heavily armed Cilician pirates in 75 BC who demanded twenty talents of silver for his safe return, which he took as a massive…
Discover more
First number mentioned in a salary conversation can quietly shape your income for years, even if you know negotiation psychology. This is anchoring: once a…
Discover more