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An absolutely fantastic read that should be mandatory for all of us
- Thread starter marni1971
- Start date
The_Jobu
Well-Known Member
sunk cost fallacy
Sunk cost fallacy
Definition of sunk cost fallacy, a key concept in behavioral economics.www.behavioraleconomics.com
There ya go.
Also to be clear, I didn't mean that this applies to everyone who pays mega bucks for Disney, but I'm sure it plays a part for some of the uber-pixies. It's not just a Disney thing either, my friend is like that with his cars.
FutureCEO
Well-Known Member
Disney is a business. Disney would not be around today without change. Is most of the change for the better. Probably not...ie characters coming to Epcot in mass and yes, I remember the character buses from the 90s that used to roam Epcot.
My favorite hotel is the Beach Club. Without my parents timeshare I wouldn't go. Because spending $500 a night is outrageous to me. Disney's moderate hotels would be considered high end in most places.
My favorite hotel is the Beach Club. Without my parents timeshare I wouldn't go. Because spending $500 a night is outrageous to me. Disney's moderate hotels would be considered high end in most places.
Animaniac93-98
Well-Known Member
Maybe in price, but certainly not in amenities. Port Orleans French Quarter doesn't even have one on-site restaurant.
WondersOfLife
Blink, blink. Breathe, breathe. Day in, day out.
As far as BUSINESS is concerned, as you stated... Characters in mass coming to Epcot is "genius."
captainbuzzy
Active Member
Yes it's called the Tesla Effect.Seems anyone that buys a Tesla suffers from the same thing.
Parker in NYC
Well-Known Member
I choose to stay at deluxes when I can but I can also attest that I do have a disconnect from reality in doing so. I would never pay prices like these anywhere else. But I'm a member of a cult, a Disney cult. And there's no hope for me.
eliza61nyc
Well-Known Member
Lol, welcome my sister. I'm a senior member
phillip9698
Well-Known Member
By most places are you comparing US city standards or motel 6 lodging? You can get a nicer room for your money in any medium size city in this country.
erasure fan1
Well-Known Member
I'm as big a nostalgia guy as anyone. But in no way does that mean I don't want new things and experiences. The issues I have, like you, are rampant disregards for the overall theme. It also gets frustrating when things like great movie ride close for Mickey. Not because Mickey doesn't deserve a ride, or GMR had to stay. You have a park that needs attractions, and you closed a great opportunity to showcase some fox IPs while relieving some preasure.
Walt Disney1955
Well-Known Member
Disney panics too much. They are still #1. There is no one who is even close when it comes to park numbers. Look, I love Universal a lot. I mention it to everyone on here who has been to Central Florida a dozen times but strangely enough has not ventured to Universal as if they are incapable of leaving the WDW property or find it as some sort of backstabbing or cheating to Disney. Never squander a chance to visit Universal, both parks, that is.
That being said, what Disney has and always hopefully will have over them is nostalgia. There are still several things open today that were there on opening day, even more at Disneyland from even further back. You can ride on the same things your grandparents did. You can't do that at Universal. They change things a little TOO much for my liking. I love their additions and such but when you make a decision to get rid of Jaws, which is arguably the best movie you have ever produced, then nothing is untouchable. I think Islands of Adventure is an excellent park, perhaps the best in the world outside of Magic Kingdom or Disneyland (maybe Epcot too). Spiderman, Jurassic Park, King Kong, Potter, Dr. Seuss' land, etc. Lots of fun stuff. But it is also possible that in 20 years some of this is gutted out and replaced with the flavour of the month. This is where Universal gets it wrong. And sometimes, this is where Disney gets it wrong too, but they do keep their core better than Universal.
For example, the movie Frozen was wildly popular. It will be up there historically with all of the other Princess movies of Disney. You had to build a ride over it, and they did an excellent job of it. But they still could have kept Maelstrom in there and had both. I get it, they have to make hard decisions but there is definitely no lack of space to do this at WDW.
Either way, you can't beat the Disney experience. It hasn't been done yet and this is why families gravitate back to it all of the time. You know what is there but you still want to re-experience it. It is the music we are familiar with, the songs, the fireworks, and the overall atmosphere that can't be beat. Peter Pan has a normally 45 minute wait..........on a good day. If that doesn't tell you about what people still want then nothing will.
That being said, what Disney has and always hopefully will have over them is nostalgia. There are still several things open today that were there on opening day, even more at Disneyland from even further back. You can ride on the same things your grandparents did. You can't do that at Universal. They change things a little TOO much for my liking. I love their additions and such but when you make a decision to get rid of Jaws, which is arguably the best movie you have ever produced, then nothing is untouchable. I think Islands of Adventure is an excellent park, perhaps the best in the world outside of Magic Kingdom or Disneyland (maybe Epcot too). Spiderman, Jurassic Park, King Kong, Potter, Dr. Seuss' land, etc. Lots of fun stuff. But it is also possible that in 20 years some of this is gutted out and replaced with the flavour of the month. This is where Universal gets it wrong. And sometimes, this is where Disney gets it wrong too, but they do keep their core better than Universal.
For example, the movie Frozen was wildly popular. It will be up there historically with all of the other Princess movies of Disney. You had to build a ride over it, and they did an excellent job of it. But they still could have kept Maelstrom in there and had both. I get it, they have to make hard decisions but there is definitely no lack of space to do this at WDW.
Either way, you can't beat the Disney experience. It hasn't been done yet and this is why families gravitate back to it all of the time. You know what is there but you still want to re-experience it. It is the music we are familiar with, the songs, the fireworks, and the overall atmosphere that can't be beat. Peter Pan has a normally 45 minute wait..........on a good day. If that doesn't tell you about what people still want then nothing will.