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Comments on: Price asymmetry and my bus ticket http://www.tvhe.co.nz/2008/10/06/price-asymmetry-and-my-bus-ticket/ The Visible Hand in Economics Thu, 16 Oct 2008 19:06:53 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2008/10/06/price-asymmetry-and-my-bus-ticket/#comment-2666 Thu, 16 Oct 2008 19:06:53 +0000 http://tvhe.wordpress.com/?p=1375#comment-2666 “The fallacy that economics has any correlation with rationality needs to die. The notion that rationality is an essential value for guiding human affairs, likewise needs to die (plug for John Ralston Saul here).”

I suspect the version of rationality you are implicitly using here is a straw man – the postulate that individuals make choices is all you need to discuss things with “rationality”.

]]> By: don http://www.tvhe.co.nz/2008/10/06/price-asymmetry-and-my-bus-ticket/#comment-2665 Thu, 16 Oct 2008 06:03:22 +0000 http://tvhe.wordpress.com/?p=1375#comment-2665 The fallacy that economics has any correlation with rationality needs to die. The notion that rationality is an essential value for guiding human affairs, likewise needs to die (plug for John Ralston Saul here).

]]> By: More and More Drivers Running on Empty | Argus Car Hire http://www.tvhe.co.nz/2008/10/06/price-asymmetry-and-my-bus-ticket/#comment-2664 Mon, 06 Oct 2008 08:33:45 +0000 http://tvhe.wordpress.com/?p=1375#comment-2664 […] Price asymmetry and my bus ticket […]

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