Author Topic: Should I Change My Itinerary?  (Read 8499 times)

Offline EJB

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Re: Should I Change My Itinerary?
« Reply #90 on: March 14, 2016, 07:51:41 PM »
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.

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

Offline Dan

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Re: Should I Change My Itinerary?
« Reply #91 on: March 14, 2016, 07:53:54 PM »
FTR, Moish's line of reasoning that he PMd me worked better than AJKs to convince me.
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 EJB

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Re: Should I Change My Itinerary?
« Reply #92 on: March 14, 2016, 07:56:03 PM »
Another post which betrays the author's lack of familiarity with the particular law of economics we're discussing.

Let's assume UR points can be redeemed instantly at a penny each in one point increments. Let's also assume that Dan has 100 million UR points. Explain how his points can be worth to him less than $1 million. And explain with words, not with meaningless statements about how "this post demonstrates that you lack an understanding of basic economics."

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #93 on: March 14, 2016, 07:56:34 PM »
@EJB,

If you think that quote means that I think UA miles are worthless, you're less worthy of this debate than I thought :P

Contrary to your mistaken misinterpretation, "Your insistence that UA miles are worth something more than $0.00" does not mean I think UA miles are worthless.

"Your insistence that UA miles are worth something more than $0.00" means "Your insistence that UA miles are worth something [how much you value them in in excess of $0 I don't know]"

The point, which went whoosh, was that notwithstanding UA miles are worth some number, that number is less for him than it is for you, which I made pretty clear.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline EJB

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Re: Should I Change My Itinerary?
« Reply #94 on: March 14, 2016, 07:59:34 PM »
@EJB,

If you think that quote means that I think UA miles are worthless, you're less worthy of this debate than I thought :P

Contrary to your mistaken misinterpretation, "Your insistence that UA miles are worth something more than $0.00" does not mean I think UA miles are worthless.

"Your insistence that UA miles are worth something more than $0.00" means "Your insistence that UA miles are worth something [however much in excess of $0 I don't know]"

If your point was just that they can be worth different amounts for different people, you should have just said that you agree with me. I agreed to that after you said that he doesn't sell his points. Yet, you still disagreed with my arguments that they have some value. That's why I interpreted that unclear statement of yours to mean that UR points have no value.

Offline Dan

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Re: Should I Change My Itinerary?
« Reply #95 on: March 14, 2016, 07:59:47 PM »
Rejected x 3 due to invalid ticket and she warned me not to push my luck again.
Good night ya'll, it's been fun :)
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 #96 on: March 14, 2016, 08:01:08 PM »
Let's assume UR points can be redeemed instantly at a penny each in one point increments. Let's also assume that Dan has 100 million UR points. Explain how his points can be worth to him less than $1 million. And explain with words, not with meaningless statements about how "this post demonstrates that you lack an understanding of basic economics."

No, I'm not going to learn you on marginal utility just to save you from doing your own Google research.

Buck up and hit the books.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #97 on: March 14, 2016, 08:02:43 PM »
If your point was just that they can be worth different amounts for different people, you should have just said that you agree with me. I agreed to that after you said that he doesn't sell his points. Yet, you still disagreed with my arguments that they have some value. That's why I interpreted that unclear statement of yours to mean that UR points have no value.

Except, I don't agree with that, at least not in the sense you're using it.

I'm not saying I objectively value UA at 1.2, you value at 1.3, and someone else at 2.7 and therefore UA is worth different amounts to different people. That line of reasoning has nothing to do with our respective balances, a direct component of the law of economics we're (I'm?) discussing, a fact you continue to ignore.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline EJB

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Re: Should I Change My Itinerary?
« Reply #98 on: March 14, 2016, 08:02:48 PM »
No, I'm not going to learn you on marginal utility just to save you from doing your own Google research.

Buck up and hit the books.

The books agree with me on this one...

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #99 on: March 14, 2016, 08:04:43 PM »
The books agree with me on this one...

They don't. And no one else does either.

Law of Marginal Utility says Dan's additional miles are worth less to him than yours are to you. End of story.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline David Smith

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Re: Should I Change My Itinerary?
« Reply #100 on: March 14, 2016, 08:05:01 PM »
Another post which betrays the author's lack of familiarity with the particular law of economics we're discussing.
The law you quoted would only make sense in application if Dan had an unlimited supply of money, which I don't think you would say he does. If the utility you are getting goes below the cash value you can achieve, you are taking a monetary loss. When your quoted law would apply would be if the cash loss is inconsequential based on the available quantity and rate of utilization, but that doesn't take away from the fact that it's money down the drain.
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 #101 on: March 14, 2016, 08:05:15 PM »
Except, I don't agree with that, at least not in the sense you're using it.

I'm not saying I objectively value UA at 1.2, you value at 1.3, and someone else at 2.7 and therefore UA is worth different amounts to different people. That line of reasoning has nothing to do with our respective balances, a direct component of the law of economics we're (I'm?) discussing, a fact you continue to ignore.

Why are you assuming I'm ignoring that fact? How does "they can be worth different amounts for different people" turn into "they can be worth different amounts for different people with the same balances, earning patterns, and redemption patterns"?

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #102 on: March 14, 2016, 08:05:50 PM »
The law you quoted would only make sense in application if Dan had an unlimited supply of money

Wrong.

And, no one is saying the 50K it would cost him is worthless.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline EJB

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Re: Should I Change My Itinerary?
« Reply #103 on: March 14, 2016, 08:07:19 PM »
They don't. And no one else does either.

Law of Marginal Utility says Dan's additional miles are worth less to him than yours are to you. End of story.

Lol, I'll give you a pass on this one, because you obviously haven't been reading our conversations.

Offline AJK

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Re: Should I Change My Itinerary?
« Reply #104 on: March 14, 2016, 08:07:57 PM »
Why are you assuming I'm ignoring that fact? How does "they can be worth different amounts for different people" turn into "they can be worth different amounts for different people with the same balances, earning patterns, and redemption patterns"?

Because it's the only thing it *could* mean based on your posts refusal to acknowledge a (what I thought was rathr simple) economic law.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper