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" It seems then that instead of consumers' willingness to pay influencing market prices, the causality is somewhat reversed and it is market prices themselves that influence consumers' willingness to pay. "

Dan Ariely , Predictably Irrational: The Hidden Forces That Shape Our Decisions


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Dan Ariely quote : It seems then that instead of consumers' willingness to pay influencing market prices, the causality is somewhat reversed and it is market prices themselves that influence consumers' willingness to pay.