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all the below questions using the first half of Predictably Irrational (up to the chapter on the Jekyll and Hyde Behavior) 1. How is the
all the below questions using the first half of Predictably Irrational (up to the chapter on the Jekyll and Hyde Behavior) 1. How is the economist ad an example of predictably irrational? 2. CEO compensation has actually increased since CEO salaries were announced. According to Ariely, why has this happened? 3. How does relativity make us unhappy? 4. How do we combat the problem of relativity? 5. What is imprinting? What is anchoring? What is arbitrary coherence? 6. How can anchoring make the same experience painful for one group of people and pleasurable for another group of people? 7. Why is free so attractive? 8. What is the difference between social and market norms? 9. How are social norms different from what we are taught in basic economics? 10. Are people always cool and rational as assumed in economics or is there a Jekyll and Hyde quality to how behave? Explain
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