Sunday, October 17, 2010

PIB vs. satisfação do consumidor?

The X Factor & the Easterlin paradox, por Chris Dillow:

This highlights a conflict between consumer surplus and GDP. Form the point of view of consumer surplus, it might well be better for one CD to be bought and heard ecstatically 100 times. But from the point of view of GDP, it’s better for 10 CDs to be bought and heard tolerably a couple of times.

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