If we follow straight revealed preference, we have to conclude that people have huge discount rates on distance or time, or to put it more straightforwardly, they are simply indifferent about what happens in nearly all of the universe.
Maybe they just think that they can’t affect what happens very much.
People talk about global poverty and other issues they have little influence over. If people would at least talk about the long-term future of our species that would be a start.
Maybe they just think that they can’t affect what happens very much.
People talk about global poverty and other issues they have little influence over. If people would at least talk about the long-term future of our species that would be a start.
Nope, they haven’t thought about it at all, or at least not rationally.