A mechanic carrying out a repair on a car in a dusty garage
(Featured image: cottonbro studio/pexels)

Beyond value for money: lessons from a broken-down car

Economic transactions like purchases are often treated as exchanges: you pay someone money and get goods or services in return. But is the only thing that matters that the benefit outweighs the cost — that you get value for money?

Koen Smets
6 min readApr 12, 2024

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Koen Smets

Accidental behavioural economist in search of wisdom. Uses insights from (behavioural) economics in organization development. On Twitter as @koenfucius