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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (11334)	11/16/2009 2:15:34 PM
From: Lane3	Respond to of 42652

"Another example of the power of framing is the persistent difference between willingness-to-pay (WTP) and willingness-to-accept (WTA), meaning that people will demand more money to part with an item than they will pay to acquire it, even when the item’s value is a trivial portion of their wealth or income." That was new information for me. I did realize that people don't like to give up anything but I didn't realize that the principle had been studied in this way and that it applies so broadly. Humans are strange critters...