Perceived vs Intrinsic Value

February 20, 2012

Metro station. Washington DC. Rush hour (12/01/07). A musician played for over 45 minutes. Only 6 people stopped and stayed for a while. About 20 gave him money. He collected $32. When he finished no one applauded.

No one knew this, but the violinist was Joshua Bell, one of the most talented musicians in the world. He had just played one of the most intricate pieces ever written, on a violin worth $3.5 million dollars.

Two days before his playing in the subway, Joshua Bell sold out at a theatre in Boston where the seats averaged $100.

Joshua Bell playing incognito in the metro station was organized by the Washington Post as part of a social experiment about perception, taste, and priorities of people. Washington Post Video

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2 Responses to “Perceived vs Intrinsic Value”

  1. Elena A Says:

    interesting experiment

  2. Az Says:

    Nul novi sub sole :-0
    Ne6to kato turskiqt astronom ot ‘Le Petit Prince’ na Antoine de Saint-Exupery


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