I like this thought! Obviously in some cases it is all just numbers somewhere, but things like property definitely have a different feel...

we didn't present any idea or argument but in one version we did say something like: The parents have $x in assets and $x in debts, how much of each should go to the children? Despite knowing how it would really work most still endorsed getting all assets and no debts!

In some cases this seems right. In terms of our effect we've wondered about this in a sort of identifiable victim sense, like, who cares if the bank loses out but for a specific to lose out...
But in other cases not repaying a debt IS inflicting a loss on someone else.

totally, though someone is presumably getting harmed when you don't pay your debts...