tag:blogger.com,1999:blog-8646540820891168710.post6305223818949739274..comments2013-12-12T11:54:23.003-08:00Comments on Laura D'Andrea Tyson Econ 490 Fall 2013: OpportunismLaura D'Andrea Tyson ECON 490 Fall 2013http://www.blogger.com/profile/16796503419658744444noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8646540820891168710.post-9830700673197712442013-09-26T15:30:25.903-07:002013-09-26T15:30:25.903-07:00First I'd like to understand the setup a littl...First I'd like to understand the setup a little better. You are talking about the apartment you had last year for which you get a security deposit back at the time you were moving out? Is that right? I've not been in the apartment renting market for quite a while. But when I was the security deposit was applied to the last month's rent. So I found what you described a little surprising. <br /><br />I am currently int he business of the parents giving income to the college kids. Truthfully, my wife does more of the monitoring than I do. I believe she can see both checking account info and credit card statements. There may still be some range of opportunism possible for my kids, by making cash purchases for who knows what. But on the income side that would be harder. Perhaps it is more difficult to do this sort of monitoring if the parents are not also in CU. Professor Arvanhttps://www.blogger.com/profile/15256000730474030475noreply@blogger.comtag:blogger.com,1999:blog-8646540820891168710.post-66773640960950766322013-09-26T09:30:34.991-07:002013-09-26T09:30:34.991-07:00I'd be interested to know whether your friend ...I'd be interested to know whether your friend was consciously acting opportunistically, or if she genuinely thought it was okay to take money from her parents. If she genuinely saw nothing wrong with taking the security deposit, I might attribute her behavior more to a difference in moral values than opportunistic intentions. If she knew that what she was doing was wrong, though, I completely agree that this is opportunistic behavior. On your point about reputation, it might even be worse for her reputation if she wasn't acting opportunistically - it would show a deep divide between moral values, and that kind of reputation isn't easy to recover from.Milton Friedman Econ 490 Fall 2013https://www.blogger.com/profile/04524105053761774842noreply@blogger.comtag:blogger.com,1999:blog-8646540820891168710.post-86378974381242647292013-09-22T21:51:11.237-07:002013-09-22T21:51:11.237-07:00I think being that we're all college students,...I think being that we're all college students, who haven't gone through life enough to completely mature, examples of opportunism are ubiquitous with us. Not only that but it speaks to characters of human beings in general. Some people take advantage of opportunistic situations and some don't, but I agree that one consequence is damage to your reputation. I'm surprised the person cashed in the deposit check instead, I could never imagine doing that to my parents or being dishonest that way.Ronald Coase Econ 490 Fall 2013https://www.blogger.com/profile/09452070429119158702noreply@blogger.com