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Too much for people to complain about. In other words, loss aversion is a strong incentive. People would rather over-pay to receive something than pay for a g
by BrianOnHN 6y ago
Too much for people to complain about.
In other words, loss aversion is a strong incentive.
People would rather over-pay to receive something than pay for a general tax (a loss) even when it would provide an absolute equivalent result.