ScrewDownCrown

ScrewDownCrown

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ScrewDownCrown
Reciprocation bias and watch collecting
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Reciprocation bias and watch collecting

Playing the game costs you something: dignity

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kingflum
Jan 12, 2022
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Reciprocation bias and watch collecting
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A random chat with a friend over the weekend, led to an Instagram story post about how authorised dealers can sometimes act like buyers owe them something more than the retail price of a watch, simply for being allocated the watch. I figured we could talk about this in more detail, and consider how the reciprocation bias comes into play.

First, semantics…

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