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When the price charged for a thing is completely unrelated to the cost of that thing, it's going to be hard for people to intuit what they will pay for their us
by scott_s 8y ago
When the price charged for a thing is completely unrelated to the cost of that thing, it's going to be hard for people to intuit what they will pay for their usage of that thing - both adults and kids.
- jlarocco 8y agoBut there's no need to use intuition because the prices are spelled out in the contract. You probably don't try to intuit the price of other products, so why would you in this case?
- scott_s 8y agoPeople don't refer to contracts often, and we intuit costs all the time. We have many services and utilities which are pay-for-what-you-use, such as gas, electric and internet. I don't know how much it's going to cost me to turn on my tv, but I have an intuition it's not enough to prevent me from doing so. I don't look at the price of most of my groceries. I just do a mental "looks about right" at the final total before paying it. And none of this applies to a 14-year-old, who no one should expect to read a contract to figure out that normal use of a device will cost thousands of dollars a month.