Wednesday, May 11, 2011

Perverse Incentives

5/11/11.

"Though the recession has blunted overall demand for cosmetic surgeries, one subcategory appears to be entering a growth phase, at least judging from the fifth annual Congress on Aesthetic Vaginal Surgery, held late last year in a luxury resort outside Tucson. There, about 60 doctors, most of them OB-GYNs, converged to discuss the expanding field of “cosmetic-gyn”—elective surgeries for women seeking to “rejuvenate” and/or “beautify” their vaginas. Attendance at the conference has been increasing by about 20 percent each year—one doctor there explained that his services are in such demand, he has multiple operating rooms so he can move quickly from one surgery to the next—and last year a competing conference was held at the Venetian in Las Vegas..."

http://www.theatlantic.com/magazine/archive/2011/06/perverse-incentives/8489

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