Oscar’s healthcare opportunity

[mostlylong]

Based on your responses, I don’t feel you really read my posts.

Which happens on this board.

But here we go.

@albaby1

And in my world, he is. That’s why these “just so stories” aren’t especially useful in trying to figure out the effect of these types of changes.

I disagree.

Your world is people making decisions for negative outcomes.

My world is people making decisions for positive outcomes.

As I wrote:

@mostlylong

Here’s the economic and behavioral problem with assuming all of the worst outcomes: people are naturally incentivized to choose the better outcomes.

The real world is mostly not people pursuing negative outcomes.

Sure, they happen, but people actually pursue positive outcomes.

This is basic.

@albaby1

some Oscars will be so bad in their current performance that it completely outweighs the fact that being a manager is generally the “highest and best use” of their time economically after spending ~40 years accumulating experience, knowledge,

But that is not what I wrote.

Oscar is competent, but is tired of BigCorp, he is not giving best effort, and he wants to do something else because he is pursuing his specific personal utility (not pure dollar economic maximization) as I clarified in the post you just replied to and explained in more detail in the other thread:

@mostlylong

he wants to spend his time elsewhere (making a decision that fits his personal utility:

@mostlylong

individuals that pursue some mix of time spent in work vs leisure that meets each individual’s personal utility

And here:

@albaby1

It’s exceptionally unlikely that this is going to result in an increase in his economic productivity

Again please read my comments on personal utility.

@albaby1

it’s not a thought experiment, is it?

You lost me.

Did you read the post - in this thread - on thought experiment?

@mostlylong

Thought Experiment

Definitions

@mostlylong

Consider the set of all possible employment opportunities (”eo’s”)= EO.