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

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
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.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
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 
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

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 ←...
View Full Document

{[ snackBarMessage ]}

Page1 / 3

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

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online