Blueberry comments on What Cost for Irrationality? - Less Wrong

59 Post author: Kaj_Sotala 01 July 2010 06:25PM

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Comment author: Kaj_Sotala 01 July 2010 08:38:58PM 3 points [-]

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.

Comment author: Blueberry 01 July 2010 11:19:03PM 1 point [-]

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.