Thursday, June 07, 2007

Knocked up, a movie...

Got this link from Marginal Revolution.

This humorous and philosophical film -- strongly recommended -- also offers an implicit market failure argument: raising children is the main thing that goes on in a marriage, yet few of us choose life partners on that basis. The film suggests that a random allocation might be better than selecting a partner on the grounds of smarts, common interests, attractiveness, how good he or she makes us feel, and so on.

Read the whole post...

Market failure.
Utility function

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