A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Reciprocity - “I’ll bake you noms if you’ll bake me noms.”
Revealed Preferences - we learn what kind of cookies a person likes by what they nom (not by what they say)
Risk Averse - you prefer some noms for certain rather than a risky chance to win lots
Help us expand our vocabulary! If you have a good defi-nom-tion of an econ word, please email words@economnomnomics.com or reply to this post below. Include your word and definition and also your name and/or institution or webiste that you would like credited.
A made-up example submission:
Trust – if you believe someone who promises you noms will deliver on their promise
by John Hsu, University of Maryland