08 - choices. What they chose must be their best option...

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3/12/08 12/03/2008 14:41:00 Jobs vs. Environment Big takeaway: There is no evidence that there is a big tradeoff between jobs and  the environment @ the economic level. Breaching Snake river dams Job gains- improved recreation and tourism Something opportunities Job losses-  see graphs in text book. You stupid piece of shit you need to start paying  attention in class.
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3/17/08 12/03/2008 14:41:00 More choices   more welfare. Px=1, Py=1, Income=I People reveal their preferences for their preferred option among the available 
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Unformatted text preview: choices. What they chose must be their best option otherwise they would be chosing something else. Since people can choose what they had before, adding more choices cannot ake people any worse off. More income more choices getting close to what you want welfare (=happiness?) Stumbling on happiness Dan Gilbert: there are costs so adding more choices because making the decision is more difficult. We fixate. Natural happiness= getting what you want. 12/03/2008 14:41:00...
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08 - choices. What they chose must be their best option...

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