
CREDO - Edward Hadas - Sound Economics #2
Radio Maria England
00:00
The Economics and Psychology of Gym Memberships
This chapter delves into the intricate dynamics of gym memberships, examining the psychological struggles and economic incentives that shape individual commitment to fitness. It highlights how gyms profit by over-selling memberships, banking on member drop-out rates, and discusses the regulatory challenges that arise from consumer dissatisfaction.
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