Comment by like_any_other
9 months ago
"Revealed preferences" should really be called "revealed behaviors".
"Sure this alcoholic says he wants to quit booze, but when we put a discount liquor shelf at the checkout where he shops for groceries, he started buying whiskey again. What a hypocrite!"
I don’t want to eat a ton of junk food. That’s why I buy little of it.
But if it’s around, yeah, I’ll eat tons of it.
“Revealed preference! Actually you wanted to eat a ton of junk food! You were lying to yourself!” No, I actually don’t want to, in fucking fact.