TITLE

In Praise of Ordinary Joes

AUTHOR(S)
Harford, Tim
PUB. DATE
January 2008
SOURCE
Forbes Asia;1/28/2008, Vol. 4 Issue 2, p59
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article presents information researches in the U.S. which reveal that ordinary people make rational decisions in areas that interest the economists. It explains that there is rationality on juvenile delinquents deciding on a robbery, alcoholics weighing the appeal of one more for the road and teenage girls wondering just how far to go with their boyfriends. Alcoholics respond well to increase in price of liquors and juvenile delinquents make effort not to violate laws upon reaching the age of majority.
ACCESSION #
28864719

 

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