this post was submitted on 05 Oct 2023
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A fine is just an calculable price to do something wrong, businesses love them, from the classic study:
https://rady.ucsd.edu/_files/faculty-research/uri-gneezy/fine.pdf
Just keep adding zeroes until you get the desired outcome.
This is the correct answer. If the fine was $1000 for every time you picked your kid up late you can guarantee parents would never arrive late. Same goes for businesses. The fine just needs to be in the hundreds of millions to billions. They’d change their tune.
Yep