If You Like It, It Must Be Rare
60-Second Mind
English - February 15, 2008 00:00 - 2 minutes - ★★★★ - 215 ratingsScience Technology science technology minute brain behavior psychology psychiatry neuroscience scientific american 60-second Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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A study out of the business school INSEAD reveals that we tend to invert the economic axiom of short supply leads to high demand, meaning that we also conclude (prematurely and often incorrectly) that anything in high demand must be in short supply.