BUYING SUV’S AND VOTING AGAINST THEM. Kids, this article by James Surowiecki explains a concept that is important in both economics and law. Thomas Schelling, a Nobel Prize winner in economics, identified the concept years ago. It can be rational for me to own an SUV and also to be in favor of legislation restricting SUV’s. Nick, another example would be that it would be rational for a basketball coach to favor strict enforcement of rules against hand checking by defenders and yet to insist that his own players use hand checking if it is permitted. (Annalisa, hand checking is poking the player with the ball with your hands. Enforcement varies. There have been times when shoves hard enough to knock a player off balance have been permitted).
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