Buyer Beware of Cold Snaps: Harvard's Sunstein

The transcript discusses the influence of weather on decision-making, particularly how cloudy days can affect college enrollment decisions by encouraging a focus on learning. It also highlights the impact of cold weather in Ithaca, NY, on study habits and references an essay by Cass Sunstein. Additionally, the transcript touches on the economic implications of weather, such as the effect on GDP and consumer behavior, like buying winter coats.

How does weather influence people's decisions according to the video?

• It has no effect on decisions.

• It only affects decisions related to travel.

• It can influence various decisions, including economic ones.

• It only affects decisions in warm climates.

What is the effect of visiting a college on a cloudy day?

• Students are less likely to enroll.

• Students are more likely to focus on sports.

• Students are unaffected by the weather.

• Students are more likely to choose to enroll.

Why might students be more inclined to study in Ithaca, NY?

• Because of the warm weather.

• Due to the constant cold, which encourages studying.

• Because it is a popular tourist destination.

• Due to the presence of many entertainment options.

What economic behavior is linked to cold weather?

• Increased spending on summer clothes.

• A rise in the purchase of winter coats.

• A decrease in online shopping.

• A decline in the housing market.

What was the reported change in GDP in the first quarter?

• An increase of 3.5%

• No change

• A decrease of 1.9%

• An increase of 1.9%