| ▲ | kuboble a day ago | |||||||||||||||||||||||||||||||
People only hate the inconvenience of existing micro payments. The idea of paying for usage is actually very appealing. | ||||||||||||||||||||||||||||||||
| ▲ | howunfortunate a day ago | parent [-] | |||||||||||||||||||||||||||||||
This is not true. The psychology of positive and negative events suggests that to optimize your happiness, you should "lump" negative things and "split" positive things. People do this intuitively with payments (negative). They'll buy a timeshare or a boat (expensive, "lump" cost) when it would be much cheaper on net to stay at resorts or rent a boat and pay by usage. They'll pay for subscriptions (automatic payments) rather than pay per experience. Many people will pay $20/mo for Netflix, watch it twice a month, but would never rent movies for $3 on Amazon. They'll pay a big premium for "unlimited" data plans when this actually makes little sense for anyone vs. paying by usage. | ||||||||||||||||||||||||||||||||
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