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Seinfeld Economics: The Little Jerry

by Linda Ghent

Reputation effects are analyzed in game theory and involve impacts on the belief that a player will carry out threats or deliver on promises.

A person’s willingness to pay is the maximum amount of money one would give up to buy some good.


Seinfeld: The Little Jerry

Jerry bounces a check at the local bodega and offers to pay to get the bodega's owner to take it down off the wall.

from Seinfeld, Season 8 (1997)
Creator: Larry David & Jerry Seinfeld
Posted by Linda Ghent