Connor makes great points as always, and I appreciate the detailed response and the openness Lauren!
I very much agree with you both that glasses are an experience good and people systematically underestimate the value as their eyesight slowly gets worse. I think it’d be very interesting to study different ways of stimulating demand and generating awareness. I’m especially interested in the free screening model some systems like LV Prasad have adopted.
And to be clear, I would guess that providing reading glasses is cost-effective based on the disability aversion alone. People were very happy to glasses and did benefit from them. I am just skeptical there are many further income benefits beyond that. On that topic, I have finished a first draft of the comment, so hopefully can circulate soon!
Connor makes great points as always, and I appreciate the detailed response and the openness Lauren!
I very much agree with you both that glasses are an experience good and people systematically underestimate the value as their eyesight slowly gets worse. I think it’d be very interesting to study different ways of stimulating demand and generating awareness. I’m especially interested in the free screening model some systems like LV Prasad have adopted.
And to be clear, I would guess that providing reading glasses is cost-effective based on the disability aversion alone. People were very happy to glasses and did benefit from them. I am just skeptical there are many further income benefits beyond that. On that topic, I have finished a first draft of the comment, so hopefully can circulate soon!