Freakonomics, M.D. cover image

4. What Do Grocery Store Prices and Heart Surgery Have in Common?

Freakonomics, M.D.

CHAPTER

Introduction

We're more likely to buy items if they're priced at eight dollars and 99 cents. We all pay more attention to the digit on the left. What do grocery store prices and heart surgery have in common? The stakes are much higher in a hospital than in a grocery store. But doctors are humans too, and this seems pretty hard wired into how humans think about numbers.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner