Has anyone ever done a study on economic decision making in children under three? Because if they have, I'd really be interested in reading it.In our house, best I can tell: the value of a toy, no matter the monetary value, is one M&M. Regardless of utility and opportunity cost, a toy can always be traded for one M&M.However: one M&M will not be spent in exchange for any toy. Even her favorite toys. It's almost like that single M&M is priceless. via /r/Parenting https://ift.tt/2V7B2A2
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