Posted by 694me on February 12, 2001 at 06:01:16:
In Reply to: The Puta Value of Money posted by kendricks on February 12, 2001 at 01:58:38:
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Economists use utility functions to describe values that cannot be measured. There is a utility of gambling and sex as well as saving or spending. You may want to measure your satisfaction from various activities and report to the board as to which gives most value. If we could get enough players to do this we could write a paper and present it to the various journals. Maybe our researcher at Yale could help? |
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