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67 sats \ 1 reply \ @Undisciplined 17h \ parent \ on: Envy Econ: Why Aquinas and Maimonides Explain Class Warfare Better Than Marx history econ culture

Someone’s probably done this, but I’ve never seen it, what happens if you put envy into a utility function in a similar way that altruism is sometimes incorporated?

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45 sats \ 0 replies \ @SimpleStacker 17h

Not sure about envy specifically, but I had a prof in grad school, her name was Rachel Kranton, and she was a theorist specializing in offbeat utility functions, such as utility functions that depend on your own perceptions of what you are "supposed" to have, which sounds a little like envy.

Definitely would love to dive into that stuff more now.

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