A true story: Your instructor went to a wedding of two econo…
A true story: Your instructor went to a wedding of two economics graduate students. The father of the bride gave a toast where he described a conversation he had with the groom in which he thought some economics had been applied. The father of the bride asked the groom-to-be if he was going to go through with the marriage. The groom (a Ph.D. student) responded, “I’ve got too much invested in this relationship and in this wedding to not go through with it!” Analyze this statement (i.e., explain why your instructor was shocked that an economics Ph.D. student would make such a statement).