60-Second Mind
60-Second Mind
Scientific American
If You Like It, It Must Be Rare
2 minutes Posted Feb 15, 2008 at 12:00 am.
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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.