Daniel Kahneman- Econ 490

The articles we were asked to read for this blog post all had a similar theme to some of the social aspects to economic transaction. At my current job, we have a form of team production with gift exchange in the way that we give up and pick up shifts. When I first got hired at the bar I started as a doorman, which meant I cleaned up the bar, and ensure nothing too crazy happened. Every week we fill out a Google sheet with the shifts we want and don’t want to work, and if you forget to fill them out you could end up working a shift you don’t want to or not work a shift at all. When it comes to getting shifts covered there is a sense of altruism that is described from the third article. Whenever someone tries to get a shift covered due to a family emergency or something important that is related to school, another employee will usually step up right away to take the shift. While sometimes those motives aren’t always altruistic and could be attributed to a lack of shifts or money, wh

Throughout my college career, there were several decisions I made to manage my life track and to plan for my future as an adult. Even before setting foot on this campus, I made the all-important decision of attending this university over the other three I had been admitted to. While the University of Illinois was not the most prestigious university I was accepted to, I decided to attend due to the proximity from my house in the suburbs of Chicago and the scholarship I received which significantly reduced my cost of attendance. I made the decision because of the looming debt that I would have accumulated going to a more expensive school and since I was in charge of paying for my own education, I hade to be conscious of the bills I would be paying after college. My brother, who graduated from Elmhurst College in 2004, stressed to me the importance of limiting the amount of student loans that I took out due to the adjustable interest rates and the likelihood that I would be deferring my