The Answer Is Transaction Costs cover image

When Bats Attack: Understanding Insurance

The Answer Is Transaction Costs

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Navigating Transaction Costs with Humor and Creativity

This chapter delves into transaction costs that influence daily decisions, illustrating their impact on personal choices like relocation and impulsive spending. It offers a humorous strategy involving ice and credit cards to manage overspending, along with a light-hearted anecdote about a child's misunderstanding of his father's job.

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