Prof. Bryan Caplan Writes:
[...]
> Joel Simon Grus wrote:
>
> > (1) Where else do people buy things without knowing the price first?
> > (I've been thinking and have been unable to come up with any examples.)
>
> Hotel phone calls.

Before single-price nationwide long distance became popular,
people used to buy all long distance calls this way.  In theory,
you could call the operator for a rate quote, but most of the time
people just placed their calls.

Some anecdotal reports:

I've visited a number of web stores where the shipping charges
were added on after you authorized payment with a credit card.
(Yes, I got burned on one of these.)

I think people often tell their auto mechanic to just fix the problem
without quoting a price.  I usually tell mine to call me only if the
price will exceed a few hundred dollars.  (I don't have the time to
price-shop for repairs to the car I use to get to work.)

I can't ever remember my doctor and I discussing prices before he
runs a test or does a procedure.  On the other hand, my dentist
always told me the cost of anything unusual, and sometime offered
several approachs.

Mark Draughn  --  [EMAIL PROTECTED]


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