rwallace comments on It's the Same Five Dollars! - Less Wrong

23 Post author: Z_M_Davis 08 March 2009 07:23AM

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Comment author: rwallace 08 March 2009 10:14:34AM 12 points [-]

I've had to consciously adjust my reactions on this sort of thing a few times, by reminding myself that the amount I should care about saving 1 euro on a product should not depend on the total price - but only and specifically on how frequently I will buy the product.

Put another way: it helps to have the right formula to replace the wrong one.