I think it's pretty uncontroversial to say that the marginal value of money decreases as you get more.
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I think it's pretty uncontroversial to say that the marginal value of money decreases as you get more.
Sure, but that doesn't translate to other people who have more. That's what I mean by inter vs intra personal comparison of preferences.
Do I like the color blue more than you like Chipotle? What does that even mean?