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Is it worth paying for the streaming rights to a TV program you can watch for free OTA? Is it worth paying fraternity dues when you could just have a party with friends?

As a hobby I'd say its pretty cheap per hour. I've paid for some of the data science classes.



Those examples make no sense.


Exactly, yes. For small enough amounts of money, rational behavior is not expected, its surprising. Especially when its not mere quiet consumption, but the transaction has a fat dose of social signalling mixed in.




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