eBay Buyers Behave Irrationally – Poor To Get Paid For Good Behavior – Home Price Performance Graphs

Auctions Lead People To Do Weird Things: “Modern economists have assumed that people in auctions behave rationally. Then came eBay.” Having made my living selling on eBay for a few years, I can certainly attest to the fact that some buyers don’t behave rationally.

Poor New Yorkers to Get Cash for Good Behavior: Under a $53 million pilot program beginning in the fall, poor New Yorkers will get paid for the following:

  • $25 – for attending parent-teacher conferences.
  • $25 – for elementary and middle school students who maintain 95 percent attendance records.
  • $50 – for high school students with good attendance.
  • $50 – for getting a library card.
  • $100 – for seeing a dentist every six months.
  • $150 – for holding a full-time job.
  • $200 – for visiting the doctor yearly.
  • $300 – for elementary school students who pass standardized tests or whose scores improve.
  • $600 – for passing a Regents exam.
  • Up to $600 – for adults who take approved education and additional training courses while employed.

A Look At U.S. Home Price Performance in 20 Markets: Wondering how home prices are doing lately? These 20 graphs of cities around the US tell the story.

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One Response to eBay Buyers Behave Irrationally – Poor To Get Paid For Good Behavior – Home Price Performance Graphs

  1. KCLau says:

    I wish we got paid like the New Yorker in Malaysia.

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