Higher Gas Prices

2 hours ago 3

Rommie Analytics

I got a text from my wife this week that read: Holy crap gas is five dollars a gallon! Round numbers have a psychological impact for some reason. This is especially true when the prices are advertised in massive bright signs on the side of the road. The Wall Street Journal highlighted some research on this idea when it comes to gas prices: Economists have found that round-number prices for retail items have salience with ...
Read Entire Article