Author: yadav_aman

TAXING SOCIAL MEDIA

June 5, 2018

We live in a 21st-century world and seeing the current situation it can easily be sais that internet has overpowered us. The technology that was meant to bring people together seems to have backfired .The kids whom we associated with outdoor sports like football, and cricket, back in ’90s now sit all days in front […]

Read More

DEFINING ENDOWMENT EFFECT

May 25, 2018

A man buys a certain bottle of wine that costs only $10 when purchased would now fetch $200 at auction, drinks it occasionally, but would neither be willing to sell the wine at the auction price nor buy an additional bottle at that price. Thaler (1980) called this pattern—the fact that people often demand much […]

Read More