Vernon L. Smith Quotes
Nonsatiation (Smith, 1976a). Given a costless choice be ween two alternatives which differ only in that the first yields more of the reward medium (e.g., currency) than the second, the first will always be chosen (preferred) over the second by an autonomous individual, i.e., utility U(M) is a monotone increasing function of the reward medium.
Vernon L. Smith
Quotes to Explore
The market town of Cheltenham, in Gloucestershire, was a popular 19th - century English spa. Its mineral springs were supposed to be good for you. This was before the invention of bran. In the 20th century, Cheltenham grew into an active municipality.
Edith Pearlman
My job is to support businesses, that means promoting British commerce in the big emerging markets that have been neglected in the past. It means keeping Britain open to inward investors, trade and skilled workers. It means cutting red tape which is suffocating growing companies which create jobs.
Vince Cable
American feminism’s nose dive began when Kate Millet, that imploding beanbag of poisonous self-pity, declared Freud a sexist. Trying to build a sex theory without studying Freud, women have made nothing but mud pies.
Camille Paglia
Something that is merely negative creates nothing.
Karl Marx
Sultan Aladdin… had few illusions about his own people: amiable, well-favoured, courteous, they loved rest better than industry… their function was to remind the toiling Chinese, Indians and British of the ultimate vanity of labour.
Anthony Burgess
Jesus, take the wheel.
Carrie Underwood
Never wear a hat and sunglasses at the same time, because it looks like you're wearing a disguise.
Jamie Hince
At school, my favorite subjects were history, biology, chemistry, and physics. Especially the teaching in physics was excellent. Most of my understanding of it I got at high school, not at the university.
Hartmut Michel
Time passes slowly. Nobody says a word, everyone lost in quiet reading. One person sits at a desk jotting down notes, but the rest are sitting there silently, not moving, totally absorbed. Just like me.
Haruki Murakami
It sure looks good to see an honest-to-goodness audience after looking at you all for so long from the silver screen...
Hattie McDaniel
For me, I don't feel all the pressure. I make music, and I release it because I like it myself and I want my friends to hear it from me.
Martin Garrix
Area21
Nonsatiation (Smith, 1976a). Given a costless choice be ween two alternatives which differ only in that the first yields more of the reward medium (e.g., currency) than the second, the first will always be chosen (preferred) over the second by an autonomous individual, i.e., utility U(M) is a monotone increasing function of the reward medium.
Vernon L. Smith
