transaction_decision = f(preferences, budget, environment, prices, price model) #szabo
I'm wondering what the general categories are, but if anybody can think of any novel examples that would be great.
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@sebinsua mental transaction costs are huge and under-considered - important in both Szaboian econ and cultural evolution models ;) -
@sarahdoingthing I am very interested in schelling points, bundling and cost signalling. Could I rant about it all in an email to you? - 1 more reply
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