Useful for common goods and cost benefit analysis.
Read MoreUseful for present bias or hyperbolic discounting.
Read MoreUseful for opportunity cost and tradeoffs.
Read MoreUseful for opportunity cost and scarcity.
Read MoreUseful for scarcity.
Read MoreUseful for inferior goods.
Read MoreUseful for hedonic treadmill and productivity.
Read MoreUseful for diminishing return to money.
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