Michael Easter on Excess, Moderation, and the Scarcity Brain
EconTalk
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The Impact of Sports Gambling and Financial Apps on Repeatable Actions
Sports gambling now allows betting on second occurrences within games, creating quick repeatability. This concept is similar to the financial system and personal finance apps like Robinhood, which eliminated fees for trades. The food industry also applies this idea, where snacks need to have value, variability, and velocity. For example, Pringles offer a range of flavors, giving consumers many options to choose from.
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