4 ms·
> How would you even decide allocation if everyone has the same amount of cash? By strength of preference. If I desperately want apples and you desperately wan
by mitthrowaway2 3y ago
> How would you even decide allocation if everyone has the same amount of cash?
By strength of preference. If I desperately want apples and you desperately want oranges, we'll bid different amounts despite our equal capacity, and thereby obtain different goods.