Willful

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Willful Page 20

by Richard Robb

Simon, Herbert, 42

  Singer, Peter, 110

  Smith, Adam, 73, 82, 112, 171

  Smith, Al, 211–212n12

  Smith, Barbara Herrnstein, 47

  social cost, 28–29, 133

  social norms, 104, 106–108, 123

  social relations, 28

  rational choice explanations of, 104

  Sodom and Gomorrah, 117–118

  “soft selling,” 170

  sovereign wealth funds, 74

  speed limits, 138–140

  spite, 126–127

  spontaneity, 19–20, 202

  altruistic, 28–29, 114–115, 119, 203

  in spite, 127

  stable preferences, 33, 115, 147, 207, 208

  status symbols, 31

  staying in the game, 179–181

  stock-picking, 64–66

  Strangers Drowning (MacFarquhar), 214n6

  strategic competition, 125

  structured credit, 15, 93

  Strulovici, Bruno H., 217n1

  Sturges, Preston, 7

  subprime mortgages, 96–97

  substitution effect, 187

  survivor bias, 180

  Taylor, Michael, 133

  terrorism, 126

  Thaler, Richard, 33–34

  Thanet Offshore Wind, 83–90

  Thus Spoke Zarathustra (Nietzsche), 43

  tit-for-tat, in repeated games, 105

  transaction costs, 64, 70, 78

  transitivity of preferences, 158–159

  Treatise of Human Nature (Hume), 209n5

  “tricky profit,” 18–21

  trolley problem, 133, 135–137

  tulipmania, 212n1

  Tversky, Amos, 168, 174

  Twain, Mark, 60

  ultimatum game, 107–108, 207

  uncertainty, about future, 25, 153, 181–185

  unique events, 70–71, 72–73, 74, 94

  United Kingdom, 181

  Energy Ministry of, 88

  unemployment, 186

  unemployment benefits, 188

  university endowments, 74

  University of Chicago, 8–9

  unobserved care, 108, 112–113, 124, 125–126

  utilitarianism, 135–136, 197–198

  utility, 5–6, 18, 153–154, 196

  vaccination, 58–59

  values, 190–191

  Van Gogh, Vincent, 79

  Veblen, Thorstein, 167

  veil of ignorance, 136

  vengeance, 125, 126

  venture capital, 27, 91–92, 100

  Vestas Wind Systems, 84–88

  video games, 180

  Viner, Jacob, 219n2

  Vogt, John, 117

  wages, 154, 186, 187–188

  waiting in line, 179

  walk-a-thons, 178

  “warm glow effect,” 114

  wealth effect, 187

  Wellington (Arthur Wellesley), Duke of, 71

  Whitman, Walt, 50

  The Will to Power (Nietzsche), 209n5

  Williams, Bernard, 7

  wind energy, 82–90

  work-sports, 191–192

  The World as Will and Idea (Schopenhauer), 209n5

  Yavapai Indians, 133

  Zarnowski, Frank, 191

  Zeckhauser, Richard, 70–72

  zero risk bias, 24

 

 

 


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