A Good Way to Measure the Generosity of a City?

Behavioral economist Dan Ariely decided to look at 23 major cities on Craigslist to see how many people in each community were giving away their used items rather than trying to sell them. As he explains on his blog, “we took the number of free items being given away in one week and divided it by the number of items being sold in the furniture category, as a quick index of generosity. In a nutshell: for every 100 items of furniture being sold, how many items are being given away for free?”

Here’s what he found (click on image for larger view):

Category: Observations

Tagged:

Leave a Reply