Priceless by William Poundstone: 8 Minute Summary

*BOOK SUMMARY*

TITLE - Priceless: The Myth of Fair Value (and How to Take Advantage of It)

AUTHOR - William Poundstone

DESCRIPTION:
📖 In "Priceless," William Poundstone provides a fascinating insight into how prices are a collective hallucination, and explores the hidden psychology of value. With tips for retailers and negotiators alike, this book is indispensable to anyone looking to understand the new psychology of price and learn how to negotiate better deals.

TIMESTAMPS:
⌚ 00:00 Introduction
⌚ 01:08 The Psychology of Pricing
⌚ 01:42 Money and Happiness
⌚ 02:40 The Science of Decision Making
⌚ 03:30 Anchors: How They Shape Our Decisions
⌚ 04:40 The Psychology of Fairness
⌚ 05:07 The Cost of Fear
⌚ 06:11 The Power of Anchoring
⌚ 07:09 Final Recap

FULL BOOK:

KEY LINKS:

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