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270. Surprising Power of Game Theory to Explain Irrationality (Moshe Hoffman and Erez Yoeli)

The Michael Shermer Show

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When Do We Put Prices on Things?

When do we put prices on things? Which kind of things do we treat sacred? And so i guess the way to tie it um er into the disraili palestinian issue, i think maybe one of two things might be at play there. We have this notion of sacred values, and we find it a little bit gross and perverse to put a price on certain things. The other way in which it might make me more trustworthy to treat this as sacred is in a bargaining situation.

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