[supercat]

In the case of the wine, what one can buy from a wine merchant for $50 would far surpass in quality what one might buy in a restaurant for $50. Th two cases are not contradictory behavior if the wine drinker perceives the $50 bottle at home to be a better value.

Why was the $50 bottle of wine "just lying around"? My interpretation would be that the person had been received it either as a personal or promotional gift. He might not have spent $50 on the bottle if given the choice, but once he has the bottle what's he supposed to do with it if not drink it?

[iopscusa]

Good responses to this anti-rational Economic Behaviorist stuff that the Left seems to think overturns Free Markets...how does this type of analysis apply to Public & Private criminal behavior?