Daily Archives: December 17, 2013

The Private Sale Puzzle

I need your help with a conundrum. The answer, I would imagine, is to be found somewhere in economics, psychology or a mixture of the two. It concerns a situation and mode of behaviour , which to my mind, is illogical and irrational  and yet almost without exception,  everyone adheres to it and accepts it as normal.

Here’s the conundrum: Continue reading