A cup of coffee, a blow up doll, and some functionally unpleasant commuters
Die hard rational choice social scientists are often puzzled when they see people making less than optimal decisions. For example, it is hard to explain why people choose to pay the cost of punishment and make themselves worse off just so that they can punish someone who acted unfair or against the rules. I came across an example of this in yesterday’s Washington Post when a reporter published a story about a little known short cut near the Dulles Airport. According to the reporter, drivers normally sit in traffic, moving slowly, on a toll road as they drove passed the Continue reading A cup of coffee, a blow up doll, and some functionally unpleasant commuters