Consider the following common scenario. An economist is attending a conference in an unfamiliar city. | Cheap Nursing Papers

Consider the following common scenario. An economist is attending a conference in an unfamiliar city.

Consider the following common scenario. An economist is attending a conference in an unfamiliar city. She is in the mood for a high-quality dinner and wanders through the centre of the city looking for a restaurant. After narrowing her search to two establishments, she ultimately selects the restaurant with the higher prices. What might account for this behaviour?

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