View Single Post
  #49  
Old 03-27-2009, 05:15 PM
KSig RC KSig RC is offline
GreekChat Member
 
Join Date: Jan 2001
Location: Who you calling "boy"? The name's Hand Banana . . .
Posts: 6,984
Quote:
Originally Posted by I.A.S.K. View Post
From MCConnell Brue, Economicis 17th Edition:

Economics assumes that human behavior reflects "rational self-interest." Individuals look for and persue opportunities to increase their Utility--that is, pleasure, happiness, or satisfaction.

Utility- The want-satisfying power of a good or service; the satisfaction the consumer obtains from the consumption of a good or service.
I understand precisely these definitions - they're common to every Econ class ever. What I'm getting at is that you're applying a macroeconomic definition to a phenomenon that either does not exist in economic terms (as we've shown the situation already violates the definition) or works on a more microeconomic scale and that we should not assume rational self-interest.

It's a very minor nitpick - I like where you're going, but I disagree with using the "rational self-interest" assumption (or test) in this instance.

Quote:
Originally Posted by I.A.S.K. View Post
I never said it wasnt acceptable to consider both. In this situation only one is being considered (testing). In my opinion the one that should be the priority is efficiency. I believe that drug testing will not increase efficeincy thus it will be counter productive and should be avoided.
That's completely fair - I agree with your overall point on efficiency, but I'm not convinced one way or another on your specific point on drug testing.
Reply With Quote