Public services are never better performed than when their reward comes only in consequence of their being performed, and is proportioned to the diligence employed in performing them. - Adam Smith, Wealth of Nations
Presumably, individuals would prefer to pay less for virtually any good or service, since doing so rationally maximizes their utility from payment (Becker 1962). - Cait Lamberton, A Spoonful of ChoiceThis blog entry is dedicated to exploring the fact that the innate drive to maximize benefit (MB) isn't just a fundamental part of human nature, it's a fundamental part of every organism's nature. As such, I should probably put the bottom line up front...
Extending consumer choice to the public sector would greatly MB
Here's the outline of the argument...
- MB depends on choosing the most valuable option (MVO)
- All living organisms want to MB so they endeavor to choose the MVO
- No two organisms are equally good at choosing the MVO
- Being better at choosing the MVO increases fitness
- Choosing the MVO depends on accurate information
- Humans are the best at choosing the MVO
- Humans are the best at storing and processing information
- The desire to choose the MVO is the core of consumer choice
- Narrowing the scope of consumer choice results in less information being processed
- Blocking consumer choice from the public sector narrows the scope of consumer choice
- Far less information is exchanged/processed for public goods
- Public goods largely fail to MB
- Extending consumer choice to the public sector would greatly MB
Unless I'm missing something, the universal drive to try and MB doesn't have a name. For now let's just call it "linvoid".