The title says it all, really. (H/T @TimHarford)
Have we considered the opportunity cost to be Batman? Surely Bruce Wayne, given all his skills could be gaining more income if he devotes more time to Wayne Industries as opposed to fighting crime. Perhaps he should just out-source by donating to the Gotham Police department? Although I suppose we should try to include “awesomeness!!!” in the the utility function; that might better explain why he would fight crime instead of make more income and pay some one else to clean up the streets.
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