Have you read Scope Insensitivty? It’s not just an income effect—human beings are really bad at judging effect sizes.
Of course, I’ve read it. My problem isn’t with scope insensitivity. Just this example.
Have you read Scope Insensitivty? It’s not just an income effect—human beings are really bad at judging effect sizes.
Of course, I’ve read it. My problem isn’t with scope insensitivity. Just this example.