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4min chapter
Robin Hanson, PhD: Healthcare Signaling, the Conspicuous Caring Hypothesis, and Prediction Markets in Medicine
The External Medicine Podcast
The Conspicuous, Caring Hypothesis
In your book, you use the term conspicuous, caring hypothesis. And I want to kind of pull that out a little bit and get into some of the details of, you know, private versus public signals for health. How do we explain why we spend so much on health without getting an effect or maybe not even needing an effect? So one thing to get clear about is what kind of an explanation are we talking about?
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