-1
$\begingroup$

If an item of price $x$ is stolen from me or lost (assume that it is never going to be found again or returned to me), and I replace it by buying it again, but at its current price $y$, what is my actual loss? Is it $x$, $y$ or $y-x$?

Note:
This question stems from a real life experience where my train tickets were stolen from me and I had to repurchase the same ones at a higher price.

  • 0
    Thanks @joriki! I edited the question because I agree that it's the actual loss and not an estimate.2012-04-27

1 Answers 1

2

After the theft and replacement, you still have the exact same items you had before (assuming as in the example that the replacement is strictly like-for-like), but you have $y$ less money. Thus your loss is $y$.

  • 0
    Yes, if you replace you product with a better product other price your loss changes.2012-04-27