
“When the Starbursts cost a cent apiece, the average number of candies per customer was 3.5, but when the price went down to zero, the average went down to 1.1 per customer. The students limited themselves to a large degree when the candy was free. In fact, almost all the students applied a very simple social-norm rule in this situation—they politely took one and only one Starburst. ... What these results mean is that when price is not a part of the exchange, we become less selfish maximizers and start caring more about the welfare of others. We saw this demonstrated by the fact that when the price decreased to zero, customers restrained themselves and took far fewer units.”
―
Predictably Irrational: The Hidden Forces That Shape Our Decisions
Share this quote:
Friends Who Liked This Quote
To see what your friends thought of this quote, please sign up!
2 likes
All Members Who Liked This Quote
This Quote Is From

130,112 ratings, average rating, 7,032 reviews
Browse By Tag
- love (101049)
- life (79037)
- inspirational (75580)
- humor (44238)
- philosophy (30827)
- inspirational-quotes (28742)
- god (26826)
- truth (24643)
- wisdom (24482)
- romance (24280)
- poetry (23127)
- life-lessons (22514)
- quotes (20915)
- death (20494)
- happiness (18913)
- hope (18469)
- faith (18307)
- travel (17672)
- inspiration (17240)
- spirituality (15639)
- relationships (15436)
- religion (15354)
- motivational (15246)
- life-quotes (15230)
- love-quotes (15064)
- writing (14910)
- success (14153)
- motivation (13098)
- time (12810)
- science (12052)