Tag Archives: Behavioral Economics

New Yorker: Health care and the public’s resistance to change.

James Surowiecki of the New Yorker provides an explanation out of the behavioral economist’s handbook for conflicting polling data on health-care. It’s reminiscent of the polls suggesting most Americans are unhappy with Congress in the abstract, but do claim to like and wish to retain their own congressman/congresswoman. The explanation is along the lines of, the devil you know, or a bird in hand is worth two in the bush.