Does anyone know what study Robin Hanson is talking about in this interview from about 20 minutes in? The general gist is that in the late '80s there was a study that showed that people weren't all that interested in knowing about the mortality rate of the procedure that they were about to have across the different local hospitals. When pushed to value the knowledge of a 4% swing in mortality they were only willing to pay $50 for it.
I've tried as much google foo as I can but, without more information, I'm stumped for now. Does anyone know what he's referring to?
Does anyone know what study Robin Hanson is talking about in this interview from about 20 minutes in? The general gist is that in the late '80s there was a study that showed that people weren't all that interested in knowing about the mortality rate of the procedure that they were about to have across the different local hospitals. When pushed to value the knowledge of a 4% swing in mortality they were only willing to pay $50 for it.
I've tried as much google foo as I can but, without more information, I'm stumped for now. Does anyone know what he's referring to?