Unformatted text preview: 3. In this course of this chapter Nettle mentions a variety of things, some of which we adapt to, some of which we do not. Which was most surprising to you, and why? Nettle next introduces the idea of "positional goods" as a potential explanation of adaptation. 4 . What is the evolutionary explanation for why we think in terms of positional goods? 5. Last time I asked you this question: Would you rather have $50,000 in a world where others have $25,000 or $100,000 in a world where others have $200,000? (i) Now try this one: Would you rather have two week's vacation (per year) in a world where others have one, or four weeks in a world where others have six? (ii) Based on your answer to (i), is leisure-time a positional good or not?...
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- Spring '08
- Positional Goods, big increases