Comments on: Rinker on Collectibles: How Behavioral Economics Effect Our Purchases http://www.worthpoint.com/blog-entry/rinker-collectibles-behavioral-economics-effect-our-purchases Get the Most from Your Antiques & Collectibles Tue, 21 May 2013 04:10:31 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Marian Whitcomb http://www.worthpoint.com/blog-entry/rinker-collectibles-behavioral-economics-effect-our-purchases/comment-page-1#comment-94786 Marian Whitcomb Sat, 21 Jan 2012 20:36:44 +0000 http://www.worthpoint.com/?p=2502027#comment-94786 An important article. I am sure, a lot of the underlying basis for pathological collecting is here. Also, I fake out my boyfriend every time with the price psychology..."how much did you pay for that?" "$500.00." "WHAT?" "No, really, it was $200.00." "Wow...good deal!" Thank you, always enjoy reading your work! An important article. I am sure, a lot of the underlying basis for pathological collecting is here.

Also, I fake out my boyfriend every time with the price psychology…”how much did you pay for that?” “$500.00.” “WHAT?” “No, really, it was $200.00.” “Wow…good deal!”

Thank you, always enjoy reading your work!

]]> By: tinfoilhat http://www.worthpoint.com/blog-entry/rinker-collectibles-behavioral-economics-effect-our-purchases/comment-page-1#comment-94669 tinfoilhat Sat, 21 Jan 2012 01:21:03 +0000 http://www.worthpoint.com/?p=2502027#comment-94669 Using a high price to make lower prices seem reasonable can backfire. If I pick up an object and see the price is too high, I am more likely to move on to the next booth, assuming that the rest of the prices at this booth are also too high. Using a high price to make lower prices seem reasonable can backfire. If I pick up an object and see the price is too high, I am more likely to move on to the next booth, assuming that the rest of the prices at this booth are also too high.

]]>