My thesis topic was 'The value of a human life.' I asked people a question: 'Suppose you had some risk, a one in a thousand risk of dying - how much would you pay to eliminate it?'
Richard ThalerRead
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My thesis topic was 'The value of a human life.' I asked people a question: 'Suppose you had some risk, a one in a thousand risk of dying - how much would you pay to eliminate it?'
I don't suppose that I know more about life than anyone of my age, but it seems to me that, in the capacity of an interlocutor, a book is more reliable than a friend or a beloved.
Let us suppose you become a craneman. Suppose you become a clerk in a lawyer's office. Give the best that is in you. Let nothing stand in the way of your going on.
Suppose you could be hooked up to a hypothetical 'experience machine' that, for the rest of your life, would stimulate your brain and give you any positive feelings you desire. Most people to whom I offer this imaginary choice refuse the machine. It is not just positive feelings we want: we want to be entitled to our positive feelings.
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