= 27d567bc2d48d9f40e9ccc20ea370b15)
FrameBenignly comments on Open Thread, Jun. 29 - Jul. 5, 2015 - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (210)
In regards to price and modeling:
I agree that certain types of items are not readily traded for other things. It's hard to buy time with money for instance. But if things have value then things have a price. That price can be measured in dollars normally, but it can also be measured in time or enjoyment or any of a number of other metrics. I believe I'm simply using a more general definition of price and you're using a stricter definition so the argument is mostly semantics.
Plenty of supply and demand models don't use money as a criteria. Switching from dollars to minutes doesn't change the dynamic. That the model is incomplete is true. But there's no such thing as a complete model; that's the nature of a model.
Are you aware of the phrase "sacred values" in decision theory? Paying money a person money can make them less likely to accept an offer?
But that isn't even everything because a mating dance is more complex than simply providing enjoyment or time or any such metric.
I think that's unlikely true given the unattributed Churchill quote that you used.
The problem isn't that it's incomplete but that it's bad because it leads to various mistakes for a person who wants to make good dating decisions. Don't be a hedgehog.
I'm not sure how being unable to exchange sacred values for money has anything to do with exchanges of sacred values. I've already explicitly stated I'm not talking about exchanges of money. I also wasn't aware I'd quoted Churchill. If you mean the old story, Churchhill didn't originate it.