u/rasburbs

Does anyone else study economics 😭🙏

Cuz tell me why economics is literally disordered spending bro.

Scarcity… does this one even need to be explained?

Hyperbolic discounting/time preference… ie. you choose the food NOW instead of the body LATER

SUNK COST FALLACY… “oh I already ate x calories, might as well eat a shit ton more!”

Which kinda ties into high fixed costs… once u start a binge, calories that follow are less psychologically expensive

Or strategic complements 😭 like when you’re fasting u wanna keep fasting but once you’re eating you wanna keep eating

Or diminishing returns… nothing tastes as good as the first bite

Or multiple Nash equilibria… one is eating nothing and the other is eating everything…. And of course there’s the mixed NE of being normal, but that’s not a realistic outcome for us 😂

Moral hazard… telling yourself it’s okay to binge cuz ur gonna make up for it tmr 💀

Risk aversion… choosing the pre-packaged meal when ur out because it has the calories listed over the thing that could be lower calories but it’s not listed…

Loss-aversion theory… it hurts more to gain x pounds than the benefit felt from losing x pounds

List goes on LOL. Doing this instead of studying 🫩

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u/rasburbs — 2 days ago
▲ 36 r/UofT

I’m lowk serious. Need someone to hold me accountable. 😛😛😛😛😛 who tryna who tryna

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u/rasburbs — 15 days ago