Tuesday, August 24, 2010

Economics of Language and Courtesy

Someone commenting on my previous post mentioned the Gricean maxim of relevance. Checking the Wikipedia article on the Gricean maxims, I find the interesting comment that:

“Although Grice presented them in the form of guidelines for how to communicate successfully, I think they are better construed as presumptions about utterances, presumptions that we as listeners rely on and as speakers exploit.” (Bach 2005).

The maxims can thus be seen as an application of the economic approach to understanding behavior—the assumption that individuals have objectives and tend to choose the best way of achieving them. The objective is communication, the maxims describe how best to do it, and a listener dealing with potential ambiguity in speech—for example ambiguity in the meaning of “most”—can sometimes resolve it by assuming that the speaker is using the word with a meaning that achieves that objective. Where what is relevant is which candidate won an election, “most” is likely to mean a majority or even a plurality: “The party that got most votes was …”. Where what is relevant is whether there is a substantial minority for whom a statement is not true, “most” is likely to mean an overwhelming majority: “Most of my students understand English, so there is no need to provide translations of the readings into other languages.”

For a second application of economics, consider a scenario offered by a friend in a recent conversation on courtesy. Someone cuts into the checkout line ahead of you. One possible response is to accuse him of cutting into line. An alternative is to point out to him where the end of the line is, with the implication that he merely made a mistake.

My objective is to get him to go back to the end of the line, getting me through a little faster, and to do it with a minimum of unpleasantness. By treating his act as a mistake I lower the cost to him of doing what I want, since doing so does not require him to implicitly confess a deliberate violation of local norms. Lowering the cost to him of doing what I want makes him more likely to do it. What my friend regarded as behavior due to courtesy appears to me as a simple application of economics.

One can carry the argument one step further. If, instead of offering the norm violator an easy out, I loudly upbraid him, he will be less likely to quietly concede his error . But, since I will have raised the cost to him of cutting into line, he may be less likely to do it again. If my objective were the general good rather than my own private good, that might be the sensible choice, deterring future offenses against other people at some cost in current unpleasantness. In my friend’s view, the reason to be courteous was the benevolent desire to maintain social harmony. But courtesy, at least in this case, causes me to sacrifice the general good for my private good—precisely the behavior that economics predicts.

Monday, August 23, 2010

What does "most" mean?

In online discussions, I have come across an interesting disagreement over the meaning of a common word. To my ear, "most" means a large majority. To at least some others, it means any majority. Checking online dictionary definitions, I was surprised to find that many supported their meaning for the word rather than mine. Looking at an old Merriam-Webster's unabridged this morning, I found that the first definition included both alternatives.

To take a simple example, which of these statements is true?

"Most inhabitants of the U.S. speak English."

"Most inhabitants of the U.S. are female."

To my ear, the first statement is true, the second false. By the alternative interpretation of "most," both are true.

The situation is complicated by the fact that "most," in a different context, can be used to mean a plurality. In a three way election, the candidate with the most votes might have only 40% of the total. This usage is sometimes, but not always, signaled by the form "the most."

Comments? How do other people use the word? Does anyone have a plausible explanation of why both meanings appear to be common?

Wednesday, July 28, 2010

Anarchy and Efficient Law

Earlier this year I gave a talk in Brazil based on an old book chapter. The central argument is that the producers of law in a system such as that I described in The Machinery of Freedom, unlike the producers of law in a conventional political system, have an incentive to generate economically efficient law—for reasons similar but not identical to the reasons why other producers in private markets have an incentive to produce the products that consumers most value. In the talk I also discuss the reasons why the law generated will fall short of being perfectly efficient, due to imperfections of that particular market.

It has now been webbed.

Monday, July 26, 2010

Maybe He Really Is a Liberal: Part II

In a recent post, I raised the possibility that the leader of the Liberal Democrats in the U.K., now deputy Prime Minister, might in fact be a liberal in the old sense of the word, or at least something close. A recent news story provides one more bit of evidence in favor of that optimistic conjecture.

Friday, November 14, 2008

High Risk Health Insurance Plans - Where to Get the Best Rate

Affordable high-risk health insurance plan - does such a thing exist?

If you've been denied health insurance coverage because of a medical condition, you know how difficult it can be to find an affordable plan so you can get the care you need. Below are some tips to help you find coverage you can afford.

Look Into State Pools

Most states offer high-risk pools to help people who don't have access to group insurance and haven't been able to obtain affordable private insurance because of pre-existing medical conditions. These pools are private, self-funded plans organized by the state. They may either be part of the state's Department of Insurance or be a separate organization.

You usually have to prove your eligibility to join such a pool by showing proof that you live in the state and that you've been denied coverage from an ordinary insurance company.

The state pools cost more than a regular group policy because the members of the pool are all high-risk individuals. However, you generally can choose from different types of policies and you can reduce your costs by:

* Choosing an HMO or PPO plan, which always cost less than traditional insurance

* Choosing a policy with the highest deductibles and co-pays that you can afford

Finding an Affordable High-Risk Health Insurance Plan

You can usually apply for a high-risk policy through your state or through insurance agents. However, the fastest and easiest way to find a policy is to go to an insurance comparison website.

From such a website, you'll have quick access to competitive quotes from companies in your state that offer high-risk coverage. This makes it easier to compare quotes and find one you can afford.

Be sure you look for a website that includes an online chat option and toll-free telephone service so you can get advice and answers to your questions directly from an insurance expert (see link below).

Visit http://www.LowerRateQuotes.com/health-insurance.html or click on the following link to get high risk health insurance quotes from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section, and get answers to your questions from an insurance expert by using their online chat service.

The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written numerous articles on high risk health insurance plans.

Article Source: http://EzineArticles.com/?expert=Brian_Stevens

Health Insurance After Cancer - Choose the Best

Cancer can one on the most devastating things that can ever happen to a person. There are so many different types that all have their own treatment that is needed to help the person suffering from the cancer recover. Finding and obtaining health insurance after cancer can be one the hardest things a person can go through. The premiums on the actual insurance may be way to high for the cancer survivor to pay. Being put off and given the run around is something all consumers and cancer survivors should not have to go through when dealing with one of the worst times of their lives.

When it comes to life after cancer the survivor must deal with getting better and fight back and forth with their current insurance company. The best thing that a person can do would be to sit down and read through all the information that they have handy when it comes to knowing what is expected and covered. You must remember to keep all necessary paper work and know what fees you are expected to pay that your insurance does not carry. Some insurance companies charge extra fees for certain services that is a big one to check in on first.

A great thing to when it comes to being diagnosed with cancer would be to sit down and make a list asking yourself questions that you may want to get the answer from your insurance company such as: Do I have to get treatment preapproved, Can I go out of my approved network for treatment, Should I get a second opinion, and can I choose my own specialist. There are many more I am sure the patient can think of. Being sure to ask as many with save you time and money in the long run when working with the insurance company of your choice.

A person should not have to worry whether or not they are covered for health insurance after cancer. Just sitting back and getting better is all the survivor should have to do. Worrying about whether or not your insurance carrier is going to drop you and if your if insurance rates are going to hit the roof should be the last thing on your mind. Health insurance after cancer is available in all 50 states. You may be able to call your current insurance company to discuss your options before taking that first dreaded treatment. You may also be able to find another company that has better coverage and better rates before taking your first treatment. The only thing a person can do to know everything they need to know would be to is research. Talk to your physician, family friends, hospitals, cancer treatment centers, anyone you may think could help you find the answers you are looking for. Making dure you have you I's dotted and your T's crossed is the best thing a person can do when first hearing the dreaded words "I am sorry you have cancer."

Ian Pennington is an accomplished niche website developer and author. To learn more about health insurance after cancer, please visit The Importance of Health Insurance for current articles and discussions.

Article Source: http://EzineArticles.com/?expert=Ian_Pennington

Health Insurance - Things to Consider When Picking Your Plan

Health Insurance-Things to Consider When Picking Your Plan

Cost and coverage are the two most important things to consider when picking your health plan. If you are going to participate in your employer's health plan, or if you are going to purchase your own personal protection, it is vital that you understand the choices available to you. Understanding these choices can help you to assess your needs, and come up with the best coverage solution for you and your loved ones.

The cost. There is a list of factors that decide the cost of your coverage. This list includes, but is not limited to, these things: your monthly premium, the number of people to be covered, your deductible, your employer's contribution, your current health status, location, and risk. If you lead a healthy, non-hazardous lifestyle, consider getting coverage just for your large medical expenses. Getting coverage for every little visit could cost you more than the insurance is worth. Find out how much you have to pay out of pocket before your expenses are reimbursed. If you are limited to an insurance provider's network of doctors, inquire about the costs of using doctors outside the network.

The coverage. This is obviously the most important part of picking your health insurance. You can have a plan that saves you alot of cash; but if it doesn't protect you when you need protection, its useless. Find out if your insurance provider uses the same doctors and hospitals that you do.

Furthermore, there are several questions you need to be asking.

-Are my prescriptions covered by this plan?

-Is it easy to switch physicians?

-If I have pre-existing or chronic conditions, how are they covered?

-In case of an emergency, how am I to go about getting reimbursed?

-Does this plan cover alternative methods of treatment, like acupunctures?

-How much is it to add someone else to the plan, and how will you treat their pre-existing or chronic conditions.

While their are more questions to be asked in regards to the cost and coverage, the goal here is to get you to start thinking about what you need. Understanding your needs, and determining what you can afford will lead you to the right health insurance policy.

This article was written by Julian Floyd. For risk-free no-obligation insurance quotes, visit http://www.thebestonlineinsurance.com

Or visit my blog at http://2jonline.blogspot.com

Article Source: http://EzineArticles.com/?expert=Julian_Floyd