Costly charity stunts (walking 25 miles, shooting a thousand baskets, working a fundraiser booth) are economically irrational as production but persist because they function as costly signals of love and commitment to a cause—it is important that the activity be costly and meaningless, since that is precisely what makes it a credible signal.
causalpending
Speaker
Michael MungerEvidence Quote
“this is supposed to show again I assume it's a signal of love and affection of commitment to the cause The world is about costly signals”
Created: 6/17/2026, 10:31:45 AM
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