Blueberry comments on What Cost for Irrationality? - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (113)
That is also a very good point against the utility company example.
I think I'll remove it, unless somebody persuasively argues in its favor in a few hours or so.
Please keep it. It's a great example. Of course the status quo bias is a useful heuristic sometimes, but that doesn't mean consumers shouldn't be aware of it and think things through.