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Jerry Johnson

Jerry Johnson (PhD) is a Professor in the Department of Political Sciences and an affiliate in the Snow & Avalanche Laboratory at Montana State University in Bozeman, Montana, USA. He is a lifelong skier, mountaineer and whitewater kayaker.

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In economics, there is a growing body of research that suggests that many people have so-called "positional preferences". A positional individual derives utility from their consumption relative to that of others. Let's use an example. Suppose that you own a 5 year old car. It works reasonably well and takes you wherever you want to go. You are quite happy with it. Now suppose that you get a visit from your brother or son in law, ...

28. Nov. 2018
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