Source: EconLog
by Kevin Corcoran
“One event I’ve participated in a few times is a 10k race called the Cooper River Bridge Run, in Charleston, South Carolina. When going, I’ve made an effort to try to prep for the run, to try to beat my time from the previous run. (Most recent result, for the 2021 race, was 41:25, better than any of my previous attempts. Hurray!) If someone showed me a massive and time-consuming training program that would improve my run time by 10%, it wouldn’t be worth it to me to take up. My goals about beating my previous times were about little more than flattering my personal vanity – and while I’m willing to pay some price to do that, the margin closes pretty quickly. But the person who comes first place in the run also wins a cash prize of $10,000.” (03/18/25)