The personal value I assign to the life of a random child is much less than $800 and I expect that that is true of almost everyone (revealed preference) and will continue to be so even if it’s made more explicit.
Humans’ “revealed preferences” are frequently not consistent, and given that our psyches are hacked together from separately evolved heuristics developed for different domains, there’s no particular reason to expect them to be consistent. I doubt that if our currency were habitually measured in Dead Children, human behavior would be entirely unchanged.
The personal value I assign to the life of a random child is much less than $800 and I expect that that is true of almost everyone (revealed preference) and will continue to be so even if it’s made more explicit.
Humans’ “revealed preferences” are frequently not consistent, and given that our psyches are hacked together from separately evolved heuristics developed for different domains, there’s no particular reason to expect them to be consistent. I doubt that if our currency were habitually measured in Dead Children, human behavior would be entirely unchanged.