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>but assumes that everyone has the same ability to assess risk It does not make, nor need, that assumption. If only a few people drove better from understandin
by ChrisLomont 4y ago
>but assumes that everyone has the same ability to assess risk
It does not make, nor need, that assumption. If only a few people drove better from understanding increased risk, then that may be enough to lower bad outcome rates.
Why did you claim Tullock "assumes that everyone has the same ability to assess risk"? I can find no such reference or claim online - except yours. Have some info about it?