many will pay $500 for $20

$17,000 earned auctioning $20 bills In a study, Harvard Business School’s Max Bazerman earned $17,000 auctioning $20 bills to his students, with at least one student paying $204 for a $20 bill. It is reported that in all the years Bazerman ran the auction, he didn’t lose a cent.In a number of studies, psychologists have…

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