From the point of view of the workman, it is a 'disutility'; to work is to make a sacrifice of one's leisure and comfort, and wages are a kind of compensation for the sacrifice. ❋ Unknown (2007)
In the authors 'view, those decisions are shaped by students' finances, their beliefs about their future earnings, and by the amount of misery - "disutility," in econospeak-that they suffer when they do academic work. ❋ Unknown (2010)
A common way of assessing potential dangers if to multiply the probability of something happening, if known, by some measure of the scale of the impact (be it general 'disutility' or a more specific measure such as potential fatalities). ❋ Unknown (2009)
"disutility," a nasty and distasteful thing, engaged in only for the consumption it makes possible. ❋ Unknown (2009)
From the point of view of the workman, it is a 'disutility'; to work is to make a sacrifice of one's leisure and comfort, and wages are a kind of compensation for the sacrifice. " ❋ Unknown (2009)
One one side of the comparison, it's bogus to treat the pay earned by the holder of a newly created job as a pure benefit -- that is, unless someone's discovered that there's no such thing as disutility of labor after all, and I'm late getting the word. ❋ Unknown (2009)
If I derive disutility from supporting a political platform that contains some planks I disagree with, then is it irrational to change my mind so as to experience less cognitive dissonance? ❋ Unknown (2009)
It also seems many people get disutility from living in a society with large and permanent differences in living standards. ❋ Unknown (2009)
For one thing, information is not free, so there is real disutility in either spending time and money octane-test-kit if such a kit is even practical or running some risk of buying inferior gasoline. ❋ Unknown (2009)
The disutility of a sore arm for a day is zero relative to the disutility of cancer. ❋ Unknown (2009)
That is, there is a slim chance I will cause a car crash, but I put on my safety belt every time because the probability of a crash (small) multiplied by the disutility of flying through the windshield (large) is greater than thecost. ❋ Unknown (2009)
In other words, the disutility of cancer is so high, it dominates the rest of the terms in the expected value. ❋ Unknown (2009)
For the Classical Economists the length of the working day was a key variable by which the worker (self-employed yeoman or artisan) balanced the marginal disutility of labor with the marginal utility of income and of leisure so as to maximize enjoyment of life. ❋ Unknown (2009)
It might decide to suffer the disutility of living in a smaller house rather than buying a bigger house. ❋ Unknown (2009)
All of those costs pale in comparison to the disutility of cancer which is the sum of lost earnings, medical expense, lost fertility, broken marriages ... ❋ Unknown (2009)
The disutility of cancer is in the millions if not tens. ❋ Unknown (2009)