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Seinfeld Economics: The Calzoneby Linda Ghent
Altruism is selfless concern for the welfare of others. Altruism focuses on a motivation to help others or a want to do something good without reward.
An incentive is any factor (financial or non-financial) that enables or motivates a particular course of action, or counts as a reason for preferring one choice to the alternatives.
Utility is an economic concept referring to the precise degree of personal satisfaction, pleasure, or sense of want-fulfillment an individual derives from consuming some quantity of a good or service at a particular point in time.
Seinfeld: The Calzone
George puts a dollar in the tip jar at the pizzeria, but the counterman's head was turned and he didn't see it. George laments that it cost him a dollar, but he got no credit for it. His altruism is not pure—he gets utility not from giving, but from getting credit for giving.
- from Seinfeld, Season 7 (1996)
- Creator: Larry David & Jerry Seinfeld
- Posted by Linda Ghent