A recent post generated quite an interesting discussion about restaurant queueing problem (or not). One lesson I get from it is that reframing the question is quite crucial in getting reception from general public. In particular, I discussed to extent about how the idea of dynamic pricing may fail to normalise in the present society largely due to how it will be perceived.
A benefit of doing PhD is the people you meet, more importantly, the ideas that you encounter. It encourages you to constantly look at the world from different lens, entertaining outlandish ideas. On this occasion is no different. Talking to many of my friends about relationship, a common theme that I encounter is that our society expects our romantic ritual to develop sequentially from “two complete strangers negotiating for sex” to “attempting to become friends.” What if we explain this ritual dance from the view of behavioural economics.