Think Again—Evaluating Risk in Purchasing
Lecture no. 10 from the course: Thinking like an Economist: A Guide to Rational Decision Making
Taught by Professor Randall Bartlett | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Apply several of the new tools you've been working with to learn how an economist might confront one complex choice you have likely faced yourself: whether to purchase that extended warranty on an expensive consumer item like a big-screen television.