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Started by Fabrizio J Bonsignore
Sun, 27 Mar 2005 16:48
Models of Man: the superbillionaire
Author: Fabrizio J Bonsignore
Date: Sun, 27 Mar 2005 16:48
Date: Sun, 27 Mar 2005 16:48
17 lines
2131 bytes
2131 bytes
Classical economic theory states that homo oeconomicus is a utility maximizer under budget constraints. From this model several conclusions are taken. But not ALL people fall into this scheme. There are many instances where this maximizing behaviour is not observed in reality (would be like micro-microeconomics). Superbillionaires are already maximized in utility. THey can live in pleasure at all time! NO matter what pleasure... (hence the prahse filthy rich). They are not subject to a budgte constraint. Are they maximizing something? Indeed, they are maximizing monetary holdings! Superbillionaire homo oeconomicus is a cash holding maximizer under NO (budget) restriction(s). Danilo J Bonsignore, previously Fabrizio J Bonsignore (in the city of the foundation that sends people to Bellagio, living in drop in centers) Pronounced by some Dnielo Bansinyor
Re: Models of Man: the superbillionaire
Author: Fabrizio J Bonsignore
Date: Sun, 27 Mar 2005 16:59
Date: Sun, 27 Mar 2005 16:59
31 lines
2980 bytes
2980 bytes
Classical economic theory states that homo oeconomicus is a utility maximizer under budget constraints. From this model several conclusions are taken. But not ALL people fall into this scheme. There are many instances where this maximizing behaviour is not observed in reality (would be like micro-microeconomics). Superbillionaires are already maximized in utility. THey can live in pleasure at all time! NO matter what pleasure... (hence the prahse filthy rich). They are not subject to a budgte constraint. Are they maximizing something? Indeed, they are maximizing monetary holdings! Superbillionaire homo oeconomicus is a cash holding maximizer under NO (budget) restriction(s). Danilo J Bonsignore, previously Fabrizio J Bonsignore (in the city of the foundation that sends people to Bellagio, living in places where people have no medium of exchange to choose satisfactors and are feeded by other who get tax relief by offering charity to people who need be given clothes for different reasons and cannot cope by themselves, though in my case it somebody who can choose where he wants to sleep each night in hs own property who arrived to that situation because people think what you read and the rest belongs to the man who has several accounts in places where people exchange personal papers to get medium of (ex)change accepted by all peoples... THere are translators in the in between that may change what was typed so that the fiction of these out of the law people remain not found. May be. Basic life satisfactors denied to me...) Pronounced by some Dnielo Bansinyor
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