[lbo-talk] contingent valuation and undercounting the cost of the surge

Doug Henwood dhenwood at panix.com
Sat Apr 14 10:13:08 PDT 2007


On Apr 14, 2007, at 12:54 PM, Robert Naiman wrote:


> I'm all for using that number against them, but I want to use other
> numbers against them as well...that would surely be an undercount of
> the true cost, unless we believe that soldiers would voluntarily
> redeploy for an additional 3 months, and no coercive extension would
> be necessary, were they paid the difference between their military pay
> and their outside opportunity. Which seems rather unlikely.

It's a starting point. I'd love to know the answer to the "how much would you pay to get out of here?" question - which of course assumes no borrowing constraint.

Doug



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