Freakonomics, M.D.

4. What Do Grocery Store Prices and Heart Surgery Have in Common?

08.27.2021 - By Freakonomics Radio + StitcherPlay

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Humans are hardwired to focus on the left digit in numbers. It’s why products are priced at $3.99 instead of $4.00. But does this left-digit bias also affect medical decisions? Host Bapu Jena is joined by a fellow researcher and a cardiologist to explain how left-digit bias shows up in one of the most important decisions a doctor can make, what it means for patients, and what we can do about it.

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