The 'no later regret' condition is effectively a rational-expectations requirement: an exchange is only euvoluntary if the actor is so fully informed that they will not regret it later, which is undermined by addiction, time-inconsistency, or the difficulty of predicting one's future preferences.
definitionpending
Speaker
Mike MungerEvidence Quote
“it's a rational expectations condition so it's voluntary in the sense that I'm really really informed”
Created: 6/17/2026, 10:09:19 AM
My Notes
Loading notes...