Re: The Availability Heuristic and Demand

2003-06-25 Thread AdmrlLocke
In a message dated 6/25/03 2:35:11 PM, [EMAIL PROTECTED] writes: >I'm not a very good observer of human behavior, but isn't it at least possible > > >that in fact the opposite effect might prevail? Since these are 'free' >services > >which come out of tax dollars, won't some people be eager to

Re: The Availability Heuristic and Demand

2003-06-25 Thread Susan Hogarth
Quoting Eric Crampton <[EMAIL PROTECTED]>: > One of the recurring suggestions that comes up in the downward spiral of > Canadian medicare is that patients receive an itemized bill for service, > showing exactly how much each thing cost. They wouldn't have to pay the > bill, since it's all covered

Re: The Availability Heuristic and Demand

2003-06-25 Thread Eric Crampton
One of the recurring suggestions that comes up in the downward spiral of Canadian medicare is that patients receive an itemized bill for service, showing exactly how much each thing cost. They wouldn't have to pay the bill, since it's all covered by the government, but the intuition behind the pro

The Availability Heuristic and Demand

2003-06-24 Thread Bryan Caplan
My wife was so swamped at work that I wound up paying our bills for the first time in years. As I was writing the checks, I began to wonder: After seeing the bills, would my consumption of e.g. utilities systematically fall? It seems at least plausible that the act of paying the bills makes y