Wasting to impress :: Mahalanobis
When I read about this research I was as impressed as Mahalanobis. I told my wife. Her reaction: "This is news to you?"
When I read about this research I was as impressed as Mahalanobis. I told my wife. Her reaction: "This is news to you?"
posted by John B. Chilton at 8/21/2005 05:52:00 PM
1 Comments:
I have long felt that utility functions that use only absolute wealth as their argument are mis-specified. At the very least they should include relative wealth, or even better, relative status.
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