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It can be economically rational if you value things other than the expected value of your money-to-utility function. <rant> People forget that economics takes
by cynicalkane 16y ago
It can be economically rational if you value things other than the expected value of your money-to-utility function.
<rant>
People forget that economics takes into account things other than money. A lot of "economic" discussion would go a lot smoother if people remembered this.
</rant>
- stretchwithme 16y agoYeah, what's actually rational cannot all be put into a spreadsheet.