Ecocomics

Where Graphic Art Meets Dismal Science

Showing posts with label Utility Maximization. Show all posts
Showing posts with label Utility Maximization. Show all posts
Monday, November 8, 2010

Do Superheroes Act in Socially Optimal Ways?

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Microeconomic theory tells us that individual agents, be they consumers, firms, or even superheroes, act rationally. Basically, this means ...
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