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> As an economics grad This perhaps explains the rest of your comment :-) Often in economic theory it's assumed that people are totally rational, and often rat
by quietbritishjim 6y ago
> As an economics grad
This perhaps explains the rest of your comment :-) Often in economic theory it's assumed that people are totally rational, and often rationality is assumed to include sociopathic levels of self interest. Daniel Kahneman, the author of Thinking Fast and Slow, uses the word "econ" to describe the mythical creature that statisfies these properties. He makes the point that most people are not econs to some lesser or greater extent (either because they don't fully act in their own self interest or otherwise don't act fully "rationally" in the economic theory sense).
I often leave online reviews because I feel it's the right thing to do, even if I personally don't benefit from them. In part, I feel like they're payment for reviews others have left which I've used, even though an econ wouldn't bother because those other reviews would exist regardless of my "payment".
I do get your point towards the end of your comment that it's easy enough to come up with fake reviews, either by paying some econ-ish people or just using a machine. I'm talking more about the earlier point about recommendation from your neighbour only being reliable because of the consequences of a poor review.