John Hull wrote: >"They could spend the same effort they spent training >for the race and running it doing their usual kind of >job...." > >They could sell Amway or Mary Kay for seven hours a >week, but then they'd give up that good healthy >exercise. If they're going to exercise anyway, then >running isn't much sacrifice, as I suggested.
If exercise isn't much of a sacrifice, then someone's willingness to do it isn't much of a signal of their commitment to a charity, which was the proposed explanation that I was responding to in the above. Robin Hanson [EMAIL PROTECTED] http://hanson.gmu.edu Asst. Prof. Economics, George Mason University MSN 1D3, Carow Hall, Fairfax VA 22030-4444 703-993-2326 FAX: 703-993-2323