Quote of the Day
“Blindness cuts us off from things, but deafness cuts us off from people.”
– Helen Keller
“Blindness cuts us off from things, but deafness cuts us off from people.”
– Helen Keller
I’ve done a fair amount of research on how people emotionally adapt to life circumstances. My research is mainly in the context of illness and disability, where people bounce back from adversity more than expected. But people can also emotionally adapt to good things, a very important phenomenon for consumer behavior. We are ecstatic when…
The federal government is currently debating whether the big six health insurance companies in the U.S. will soon become the big four. Aetna and Humana have announced plans to merge, as have Anthem and Cigna. The American Hospital Association and the American Medical Association strongly oppose the mergers, saying they will reduce competition in consumer…
Generic meds are supposed to be relatively cheap; multiple companies can make the same molecule, leading to price-lowering competition. But that’s not always what happens in the US market. Look at the prices of these generics, in the US vs Canada: We need to take regulatory or legislative steps to reduce the price of generic…
Came across this cool graphic, showing the rise and fall of U.S. cigarette consumption. The picture also shows when various policy levers were pulled, and how those levers track to consumption. WARNING: No proof of cause and effect. But still quite interesting.
Cass Sunstein just posted a really nice write-up of the calorie count research I was lucky enough to conduct with Steven Dallas (now a law student at Duke) and Peggy Liu (a marketing Professor at University of Pittsburgh). Thought I’d give you a flavor of the write-up: A provision of the Affordable Care Act that…