An interesting article which draws on theories and studies by MIT Sloan School professor Dan Ariely.
The Compromise Effect
. . . And the New Thinking About Money Is That Your Irrationality Is Predictable
By Steven Pearlstein
Washington Post Staff Writer
Sunday, January 27, 2002; Page H01
NPR interviewed Dan Ariely, Professor at the Sloan School of Management, earlier this week.
All You Can Eat: Not All That Economical (RealAudio)
Do You Watch Your Wallet's Waist?
NPR, Tuesday, February 5, 2002
Wednesday, February 06, 2002