Author Topic: Should I Change My Itinerary?  (Read 8494 times)

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #75 on: March 14, 2016, 07:35:09 PM »
Didn't know he doesn't sell. Regardless, he still places a value on his points, and 52.5k points is still likely several hundred bucks.

Your insistence that UA miles are worth something more than $0.00 reveals that you continue to overlook basic economic theory.
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Offline benjie1305

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Re: Should I Change My Itinerary?
« Reply #76 on: March 14, 2016, 07:35:41 PM »
Didn't know he doesn't sell. Regardless, he still places a value on his points, and 52.5k points is still likely several hundred bucks.

Don't know about most people but when I started the game and knew I had a job and limited time to use miles I was definitely thinking about selling and "monetizing" on this. Having experienced some flights and booking some trips that will hopefully Wow me just came to show me that I am in this for amazing experiences that I would - less then 2 years ago - never imagined to be possible. While they are "worth" something to me, the experiences are worth more to me. Even if it isn't always the most economical of choices.
« Last Edit: March 14, 2016, 07:41:48 PM by benjie1305 »
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Offline EJB

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Re: Should I Change My Itinerary?
« Reply #77 on: March 14, 2016, 07:36:55 PM »
Your insistence that UA miles are worth something more than $0.00 reveals that you continue to overlook basic economic theory.

I dare you to find one economist that would agree with your opinion that 52.5k of Dan's UA miles should be worth $0.00 to him. You won't find any. Because it is simply untrue.

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #78 on: March 14, 2016, 07:37:18 PM »
I didn't read Dan's question, the DDMS post, or what you were responding to. I was just responding to the advantage of traveling solo vs family.

So you're that guy who runs into a room, hears someone say, "He took the eggs! Is he guilty?" and you respond "Absolutely" because you think that stealing eggs is against the law, notwithstanding the fact that you have no idea why "he" "took" the eggs.

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Offline EJB

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Re: Should I Change My Itinerary?
« Reply #79 on: March 14, 2016, 07:37:59 PM »
Don't know about most people but when I started the game and new I had a job and limited time to use miles I was definitely thinking about selling and "monetizing" on this. Having experienced some flights and booking some trips that will hopefully Wow me just came to show me that I am in this for amazing experiences that I would - less then 2 years ago - never imagined to be possible. While they are "worth" something to me, the experiences are worth more to me. Even if it isn't always the most economical of choices.

So you're agreeing with me that it's a question of what you value more.

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #80 on: March 14, 2016, 07:39:57 PM »
I dare you to find one economist that would agree with your opinion that 52.5k of Dan's UA miles should be worth $0.00 to him. You won't find any. Because it is simply untrue.

Wonderful straw man argument. Nice try.

Nowhere did I say Dan's miles are worth $0.00.

I said his 50K are worth less to him than your 50K are to you.

Law Of Diminishing Marginal Utility. GIYF.
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Offline David Smith

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Re: Should I Change My Itinerary?
« Reply #81 on: March 14, 2016, 07:41:37 PM »
Your insistence that UA miles are worth something more than $0.00 reveals that you continue to overlook basic economic theory.
The question would be whether the 50k were wasted at the time of burning of at the time of the decision not to sell. In either case, it would be a waste of money.
(Besides, the reason he doesn't sell is because he gets more value out of using them himself. In that light, he'd have to be gaining more than the selling value by his redemption. If I don't sell or cash them out A+ points, and use 10k points to get a $50 GameStop gift card, did I not waste money?)
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
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Offline ilherman

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Re: Should I Change My Itinerary?
« Reply #82 on: March 14, 2016, 07:42:14 PM »
If you'd be a Goy then I'd understand why LH F is worth it. Otherwise I'll stick to what I said earlier.

Point to AJK:

You are such an addict that the meaning of "normal" became crazy and the meaning of "crazy" became normal.

Oiy vey vey, Dan, let's say how much of an addict you are. After loosing the votes on DDF for a change and you're still saying "I am torn" implies that you're in AJK's boat.

To all of you: I was there and did some therapy to come back. There is hope. AJK, having a kid at home helps a lot so if you already tried once try again now.
You can say what you think when you think what you say.

Offline David Smith

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Re: Should I Change My Itinerary?
« Reply #83 on: March 14, 2016, 07:44:25 PM »
So you're that guy who runs into a room, hears someone say, "He took the eggs! Is he guilty?" and you respond "Absolutely" because you think that stealing eggs is against the law, notwithstanding the fact that you have no idea why "he" "took" the eggs.
I am the guy that when asked "He stole the eggs? Is that allowed?", would respond "Stealing is not allowed".
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline EJB

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Re: Should I Change My Itinerary?
« Reply #84 on: March 14, 2016, 07:44:37 PM »
Wonderful straw man argument. Nice try.

Nowhere did I say Dan's miles are worth $0.00.

I said his 50K are worth less to him than your 50K are to you.

Law Of Diminishing Marginal Utility. GIYF.

I agree with that. I disagree that they have no value, which you seem to believe.

Your insistence that UA miles are worth something more than $0.00 reveals that you continue to overlook basic economic theory.

For that to be the case, it would have to be impossible for a person to consume his miles given his earn rate and consumption rate. I don't think that's the case for Dan.

And thanks for the Economics 101 lesson. I'm well past that.   

Offline David Smith

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Re: Should I Change My Itinerary?
« Reply #85 on: March 14, 2016, 07:46:50 PM »
Wonderful straw man argument. Nice try.

Nowhere did I say Dan's miles are worth $0.00.

I said his 50K are worth less to him than your 50K are to you.

Law Of Diminishing Marginal Utility. GIYF.
How can the marginal utility be worth less than the cash value of an easily  liquidatable asset?
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline EJB

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Re: Should I Change My Itinerary?
« Reply #86 on: March 14, 2016, 07:47:25 PM »
How can the marginal utility be worth less than the cash value of an easily  liquidatable asset?

It can't. The question is how liquid is the asset.

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #87 on: March 14, 2016, 07:48:46 PM »
I agree with that. I disagree that they have no value, which you seem to believe.

For that to be the case, it would have to be impossible for a person to consume his miles given his earn rate and consumption rate. I don't think that's the case for Dan.

And thanks for the Economics 101 lesson. I'm well past that.

By all means, please point me to where I said miles have no value. You continue to say it, but fail to substantiate it.

And, as for being well past Economics 101, your posts belie that assertion. Sorry, actions posts speak louder than words claims.
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Offline Dan

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Re: Should I Change My Itinerary?
« Reply #88 on: March 14, 2016, 07:48:55 PM »
All a moot point, because of the more than legal number of stopovers I can't get anyone to manually price any changes anyway.
I'll give it 1 more go, but then that'll be that. Not gonna stay up another while night for this.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #89 on: March 14, 2016, 07:49:55 PM »
How can the marginal utility be worth less than the cash value of an easily  liquidatable asset?

Another post which betrays the author's lack of familiarity with the particular law of economics we're discussing.
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