tag:blogger.com,1999:blog-5698599151422542939.post82611470579887482..comments2023-09-21T05:14:00.254-04:00Comments on Euvoluntary Exchange: Education is not Euvoluntary: Implicit Contract EditionMungowitzhttp://www.blogger.com/profile/02340064320347875601noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5698599151422542939.post-5865613635710086912013-05-13T09:19:35.341-04:002013-05-13T09:19:35.341-04:00Good question. I think that elasticity has a lot t...Good question. I think that elasticity has a lot to do with the BATNA and coercion conditions, but there's still a bit of a problem with the externality and perhaps regret conditions. <br /><br />Part of the original reasons for "no ex post regret" were to omit cases of addiction and fraud. You can imagine other sources of regret however, and they're not necessarily obviated by price elasticity of demand.<br /><br />But the big one that occurs to be is the externalities. Even if the market for asbestos were perfectly elastic, its sale wouldn't be considered euvoluntary since lots of folks came down with asbestos-related mesothelioma. Samuel Wilsonhttps://www.blogger.com/profile/16635024719984640919noreply@blogger.comtag:blogger.com,1999:blog-5698599151422542939.post-91764910552529442252013-05-13T02:34:44.845-04:002013-05-13T02:34:44.845-04:00This comment is off topic, but I just thought of a...This comment is off topic, but I just thought of a possible way to think about Euvoluntarism... Could a market be described as Euvoluntary if its demand curve was perfectly elastic? It seems to make sense to me that the economical analog to this philosophical idea would be elasticity.<br /><br />Among the main things I have bouncing around my head on this, think about a monopoly producer... with a perfectly elastic demand curve, the outcome is exactly the same as with a competitive market of producers. No matter the structure of the supply market, the demanders get the exact same thing. How is that not practically the definition of Euvoluntarism?John Hawkinsnoreply@blogger.com