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I would argue that the alternatives you've listed (e.g. donation), are functionally equivalent to selling. You're trading a good (the car), for money. > My poi
by jonathankoren 8y ago
I would argue that the alternatives you've listed (e.g. donation), are functionally equivalent to selling. You're trading a good (the car), for money.
> My point is that this is a highly idealized and theoretical model. Life doesn't work this way.
Such is every nonbehavioral economics paper ever written.
- darkerside 8y agoYou're missing my point. Those alternatives typically provide you LESS money than selling. How are people supposedly "leaving" the market? Parking an unused car on the street?