Altruism also has a price tag attached...
...but you can afford it if you are really poor!
HBS Working Knowledge has an interesting article on waiting line behaviour - where people in the waiting alone allowed others to cut into the queue if they offered money for the same. And the higher the payment, the more likely the individuals were to allow a stranger to cut ahead of them.No but wait..they didnt accept the money, as they thought it was inappropriate to exploit someone who was so hardpressed for time that he needed to pay money to buy it. So monay, allowed individuals to gain entry - but they didnt have to eventually part with it.
The article also makes me wonder - there is really a thin line between a bribe and a legitimate fee for a service - after all, both are driven by the cost of the stretch involved in meeting an urgent need right?
HBS Working Knowledge has an interesting article on waiting line behaviour - where people in the waiting alone allowed others to cut into the queue if they offered money for the same. And the higher the payment, the more likely the individuals were to allow a stranger to cut ahead of them.No but wait..they didnt accept the money, as they thought it was inappropriate to exploit someone who was so hardpressed for time that he needed to pay money to buy it. So monay, allowed individuals to gain entry - but they didnt have to eventually part with it.
The article also makes me wonder - there is really a thin line between a bribe and a legitimate fee for a service - after all, both are driven by the cost of the stretch involved in meeting an urgent need right?
posted by Anuradha at
4:32 AM
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