SF is offering cash incentives for not committing crimes which seems insane to me. Also:pic.twitter.com/SrW6M57XrF
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SF is offering cash incentives for not committing crimes which seems insane to me. Also:pic.twitter.com/SrW6M57XrF
Cash incentives for not committing crimes are fundamentally the same as fines for committing them, which are not obviously insane.
I mean like, in what sense is that true? Not from a tax or economic perspective, not really from a behavioral perspective either. Carrot and stick and all that. I do not understand.
Not sure how much money is involved, but for most people most of the time, avoiding a $100 expense and getting $100 are going to make pretty much equal differences in their lives. Whether or not they respect that in behavior terms.
i think this is true in theory but not in practice
What are the practical differences? I can think of plenty of times I wasted $100 (e.g. Uber from airport when bus would have done as well), or failed to gain $100 (e.g. credit card rewards that would have required nothing but using a different card.)
Similar causes (distraction / lack of energy/ not wanting to bother) and similar consequences (net worth is permanently $100 less, plus compounding).
in practice people tend to be much more averse to loss than they're attracted to gain well documented thinghttps://en.m.wikipedia.org/wiki/Loss_aversion …
Fair, if your goal is deterring the crime, you need to take into account what is likely to motivate them not to do it. But you could also have the goal of selling them the crime, transferring wealth from people who commit crimes to people who don't.
And in that case paying people who don't commit crimes should be about as good as fining people who do.
well not exactly, loss aversion suggests fines would be more effective as incentive per dollar traded further problem is there are way way more people not committing crimes and that would get very expensive fast
Presumably they are paying the people they think would normally commit them? ...must be a horribly racist decision process...
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