In your example of the radon detector the change in price could well be
different depending on the direction.  If all homes had them, the builder
can buy in larger quantities- and in any case uniformity is less costly as
it leads to less errors (especially in processes in which a number of
subcontractors must be utilized in a certain order.)

Are you proposing a level of rational ignorance about radon detectors?  This
sounds reasonable to me.

-----Original Message-----
From: Bryan Caplan <[EMAIL PROTECTED]>
Date: Tuesday, July 25, 2000 10:05 AM
Subject: Re: The Indeterminacy of Individual Economic Actions

>Could workers be taking the "default" option as a kind of endorsement or
>certification by their employer than this particular choice is a
>generally wise one?
>E.g., if my home builder made radon detectors a standard home feature
>(where I could request a downgrade), I would want one.  But if there
>were merely an optional add-on, I wouldn't request the upgrade.  The way
>they frame the option seems to convey information about its value.
>            Prof. Bryan Caplan               [EMAIL PROTECTED]
>  "We may be dissatisfied with television for two quite different
>   reasons: because our set does not work, or because we dislike
>   the program we are receiving.  Similarly, we may be dissatisfied
>   with ourselves for two quite different reasons: because our body
>   does not work (bodily illness), or because we dislike our
>   conduct (mental illness)."
>                   --Thomas Szasz, *The Untamed Tongue*

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