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• 9 years - 9 posts - Latest - RSS
• Thread: 3 Goods vs 0 No Goods

1. Economist
   447e
   

   http://lapaul.org/papers/choosing-child-draft.pdf

   How can you ever determine the expected value of a child when you have never had one?? HOW?!?

   9 years ago # QUOTE 10 Volod 0 Vlad !

2. Economist
   272e
   

   Yuk, it's typed with MS-word and has no equations or tables.

   9 years ago # QUOTE 13 Volod 0 Vlad !

3. Economist
   62d3
   

   Gelman has already critiqued this:

   http://andrewgelman.com/2013/03/11/yes-the-decision-to-try-or-not-to-have-a-child-can-be-made-rationally/

   (The comments are interesting too; the author attempts a defense of sorts)

   9 years ago # QUOTE 5 Volod 0 Vlad !

4. Economist
   88a8
   

   Gelman has already critiqued this:
   http://andrewgelman.com/2013/03/11/yes-the-decision-to-try-or-not-to-have-a-child-can-be-made-rationally/
   (The comments are interesting too; the author attempts a defense of sorts)

   Doesn't do a very good job, though. LOL!

   9 years ago # QUOTE 3 Volod 0 Vlad !

5. Economist
   447e
   

   The paper can be critiqued in six words: Expected value is measured with error.

   Gelman has already critiqued this:
   http://andrewgelman.com/2013/03/11/yes-the-decision-to-try-or-not-to-have-a-child-can-be-made-rationally/
   (The comments are interesting too; the author attempts a defense of sorts)
   Doesn't do a very good job, though. LOL!

   9 years ago # QUOTE 0 Volod 3 Vlad !

6. Economist
   46b6
   

   It's funny when people don't know what economists mean by rational. Imperfect information != irrational.

   9 years ago # QUOTE 9 Volod 0 Vlad !

7. Economist
   272e
   

   It's funny when people don't know what economists mean by rational. Imperfect information != irrational.

   I'm like most people, I've never seen a rational choice theorist. Perhaps they hide out in the same place that trickle-down economic theorists hide out in?

   9 years ago # QUOTE 4 Volod 2 Vlad !

8. Economist
   7f16
   

   If the humanitard really wanted to ruffle some feathers, he could demonstrate how preferences are unstable. Too bad they are too dumb and they point to imperfect information as a sign of irrationality.

   9 years ago # QUOTE 2 Volod 0 Vlad !

9. Economist
   14a3
   

   Actually, Edmund Phelps is the one who DESTROYS rational expectations.

   http://www.bloomberg.com/news/2013-02-11/expecting-the-unexpected-an-interview-with-edmund-phelps.html

   What now, neoliberals?

   9 years ago # QUOTE 0 Volod 0 Vlad !

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