ORDERING THE CHAOS OF THE CONTEMPORARY WORLD: AN INTRODUCTION TO FREAKONOMICS questions and answers with solutions 2025
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Module
Chaos
Institution
Chaos
Read the excerpt from Levitt and Dubner's Freakonomics.
In the beginning, Feldman left behind an open basket for the cash, but too often the money vanished. Then he tried a coffee can with a money slot in its plastic lid, which also proved too tempting. In the end, he resorted to making small pl...
ORDERING THE CHAOS OF THE
CONTEMPORARY WORLD: AN
INTRODUCTION TO FREAKONOMICS
questions and answers with solutions
2025
Read the excerpt from Levitt and Dubner's Freakonomics.
In the beginning, Feldman left behind an open basket for the cash, but too often the money vanished.
Then he tried a coffee can with a money slot in its plastic lid, which also proved too tempting. In the end,
he resorted to making small plywood boxes with a slot cut into the top. The wooden box has worked
well. Each year he drops off about seven thousand boxes and loses, on average, just one to theft. This is
an intriguing statistic: the same people who routinely steal more than 10 percent of his bagels almost
never stoop to stealing his money box—a tribute to the nuanced social calculus of theft. From Feldman's
perspective, an office worker who eats a bagel without paying is committing a crime; the office worker
probably doesn't think so. This distinction probably has less to do with the admittedly small amount of
money involved (Feldman's bagels cost one dol - ANSWER Most people are honest enough not to
commit major theft.
Read the excerpt from Levitt and Dubner's Freakonomics.
Driving around the parks that encircle Washington, he solicited customers with a simple pitch: early in
the morning, he would deliver some bagels and a cash basket to company's snack room; he would return
before lunch to pick up the money and the leftovers. It was an honor-system commerce scheme, and it
worked. Within a few years, Feldman was delivering 8,400 bagels a week to 140 companies and earning
as much as he had ever made as a research analyst. He had thrown off the shackles of cubicle life and
made himself happy.
The authors prove Feldman's success by describing - ANSWER the size of his bussiness
Read the following excerpt from Levitt and Dubner's Freakonomics.
So what do the bagel data have to say? In recent years, there have been two noteworthy trends in the
overall payment rate. The first was a long, slow decline that began in 1992. By the summer of 2001, the
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