price
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Other Sciences
Cultural impact on pricing strategies: how national values are rounded, just bellows, and accurate price tags are formed.
Credit: Unsplash/CC0 Public Domain It is well known that culture influences consumer behavior, but the effects of culture on pricing have not been studied much. One culture may be reflected in price tags. Price ends in a round (e.g. $10.00), just below (e.g. £9.99), or exact (e.g. 9.87 euros). The end of these prices is all common, but little is…
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Science
For alpha male baboons, being a feminine man comes at a price.
An alpha male baboon closely monitors a fertile female in southern Kenya’s Amboseli Basin. Credit: Susan Alberts, Duke University When you think of the type of alpha male, several things come to mind. They are the ones who have the decision-making power to grab all the girls. But, at least in the case of baboons, the mighty and powerful alpha…
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Other Sciences
If Greenland were to be put up for sale, how much would it be worth? How to put a “price tag” on the territory
Credit: Pixabay/CC0 Public Domain It’s unlikely that you missed this story. In recent weeks, US President-elect Donald Trump has reiterated his desire for the US to “own and manage” Greenland, an autonomous territory of the Kingdom of Denmark. Trump first floated the idea of the United States purchasing Greenland in 2019. At the time, Trump quite correctly claimed that he…
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