Sciencespeaking topic

Fairness and the market: why do we get angry at a seller who multiplies the price of a shovel during a snowstorm? Why does the economically correct price feel morally wrong?

Kahneman, Knetsch & Thaler, fairness perception and pricing

practice with this topic

Set the timer (5-30 min), take 20 seconds of prep if you like, start talking. Jot your thoughts onto the sticky-note board.