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Title text: Normal people: You economists keep assuming humans have perfect pricing information! Microeconomists: we need ever more complex auction mechanisms to suss out the true preferences humans are constantly hiding!

Votey

Explanation

This explanation is either missing or incomplete.

Transcript

This transcript was generated by a bot: The text was scraped using AWS's Textract, which may have errors. Complete transcripts describe what happens in each panel — here are some good examples to get you started (1) (2).

[Describe panel here]

Normal person:

Economist:

I could never put a price on the love

I could never put a price on the love of my child, so we'll have to determine it via auction.

Of my child.

Votey Transcript

This transcript was generated by a bot: The text was scraped using AWS's Textract, which may have errors. Complete transcripts describe what happens in each panel — here are some good examples to get you started (1) (2).

[Describe panel here]

I bet they'll be excited to know which auction protocol I pick!

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