Jonathan GibbonsOct 13, 20222 minREAL-LIFE EXAMPLESNo BreadEvery morning I go to the bakery on the next street to buy freshly baked bread that comes from a nearby village in the mountains. But...
Jonathan GibbonsOct 13, 20221 minREAL-LIFE EXAMPLESThe Wobbly Paving StoneYesterday, when the rain finally stopped and the sun began to shine, I headed out for a walk. It was warm enough for shorts and sandals,...
Jonathan GibbonsOct 13, 20223 minREAL-LIFE EXAMPLESThe Missed FlightA couple of years ago, I was heading back to Spain from England, where I’d been visiting friends and family. I needed to catch a train to...
Jonathan GibbonsOct 13, 20222 minACCEPTANCE THEORYPreference & DemandWhat’s the difference between a preference and a demand? And what do they have to do with acceptance? Both preferences and demands are...