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Economic policy needs to understand human behavior more so the author suggests QR codes on dollar bills so people can track their spending.... Ummm what ?
by alexmingoia 10y ago
Economic policy needs to understand human behavior more so the author suggests QR codes on dollar bills so people can track their spending.... Ummm what ?
- m-i-l 10y agoWhen the author says "add QR codes on bills so that consumers can easily extract their consumption data and make better choices", I think they mean "bill" as in a printed or written statement of the money owed for goods or services, rather than "bill" as in US banknote.
- Brakenshire 10y agoYes, bill means receipt in British English.
- _9MOTHER9HORSE 10y agoIt doesn't so much mean receipt as "invoice" (e.g. for taxes or utilities) or "check" (e.g. in a restaurant) In most restaurants you would ask for the bill, then when you pay, you will receive a separate receipt. The receipt is proof of payment.
- Brakenshire 10y agoYes, that's better put.
- notahacker 10y agoTo be honest, it's still a bit of a WTF in this particular article given that there's plenty of behavioural evidence that (i) people really don't like scanning receipts into tracking systems, even when they're being paid to do so by getting their expenses refunded (ii) most consumers don't know or care what a QR code is
- davidvaughan 10y ago"bills" = "invoices" in British English (Edited for rightness)
- jnty 10y agoOther way around surely?
- davidvaughan 10y agoYes, sorry. I've corrected it.