Economic valuation of becoming a superhero

 [[{“value”:”Have you ever wished that you were a superhero? If so, how much would you be willing to pay to become one? In this study, we measured the economic value of becoming a superhero or obtaining a superpower using a discrete choice experiment. We focused on four superpowers: mind-control, flight, teleportation, and supernatural physical strength
The post Economic valuation of becoming a superhero appeared first on Marginal REVOLUTION.”}]] 

Have you ever wished that you were a superhero? If so, how much would you be willing to pay to become one? In this study, we measured the economic value of becoming a superhero or obtaining a superpower using a discrete choice experiment. We focused on four superpowers: mind-control, flight, teleportation, and supernatural physical strength and measured values for each power. Our results indicate that of the four powers, our participants valued teleportation the most.

That is from a newly published paper by Julian J. Hwang and Dongso Lee.  Via John Whitehead.

The post Economic valuation of becoming a superhero appeared first on Marginal REVOLUTION.

 Economics, Philosophy