4 ms·
I ran through the model in other comments, so I won't repeat it here, but in general the disincentive is the same, but people's desire to do something that cost
by ikeboy 7y ago
I ran through the model in other comments, so I won't repeat it here, but in general the disincentive is the same, but people's desire to do something that costs a certain amount goes up with their wealth (called an income effect in economics).