‘They had us fooled’: Inside Payless’s elaborate prank to dupe people into paying $600 for shoes

Knowledge Questions: What role do expectations play in our sense perception? To what extent can our judgments be objective?

But the prank also points to a reality about the human mind: Consumers are not capable of discerning the quality and value of the things they buy, said Philip Graves, a consumer behavior consultant from Britain. Slap a fancy-sounding European label on $30 shoes, and you have an illusion of status that people will pay an exorbitant amount of money for.

https://www.washingtonpost.com/business/2018/11/30/they-had-us-fooled-inside-paylesss-elaborate-prank-dupe-people-into-paying-shoes/?utm_term=.dab90144f733

 

This is similar to a prank Penn and Teller did at a restaurant telling people they were drinking fine waters but were actually drinking water from a garden hose behind the restaurant.

 

Pearls Before Breakfast: Can one of the nation’s great musicians cut through the fog of a D.C. rush hour? Let’s find out.

A world famous violinist, Joshua Bell, set up to play in the middle of a busy train station in DC.

“Each passerby had a quick choice to make, one familiar to commuters in any urban area where the occasional street performer is part of the cityscape: Do you stop and listen? Do you hurry past with a blend of guilt and irritation, aware of your cupidity but annoyed by the unbidden demand on your time and your wallet? Do you throw in a buck, just to be polite? Does your decision change if he’s really bad? What if he’s really good? Do you have time for beauty? Shouldn’t you? What’s the moral mathematics of the moment?”

http://www.washingtonpost.com/lifestyle/magazine/pearls-before-breakfast-can-one-of-the-nations-great-musicians-cut-through-the-fog-of-a-dc-rush-hour-lets-find-out/2014/09/23/8a6d46da-4331-11e4-b47c-f5889e061e5f_story.html

Banksy Has Unannounced Art Sale with Genuine Signed Canvases in Central Park, Sells Almost Nothing

What is the value of artwork? How do we determine? Why did it matter whether people knew or didn’t know whether these were original works?

“For his 13th day in New York, Banksy pulled a fantastic prank on unsuspecting passersby in Central Park yesterday by setting up an unannounced art stall with dozens of 100% original signed canvases. In a world where copies of unlicensed Banksy works are available for a dime a dozen, it’s not inconceivable for somebody to peddle cheap knockoffs for $60 apiece. To further camouflage the artwork the booth was labeled simply “SPRAY ART” and manned by an unsuspecting old man who seemed completely uninterested in what he was doing.”

http://www.thisiscolossal.com/2013/10/banksy-art-sale/


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s