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This flies flatly in the face of a sublinear utility to income relationship. It does no such thing. Will you put in an extra 20 hours for a 30% raise? How abou

This flies flatly in the face of a sublinear utility to income relationship. It does no such thing. Will you put in an extra 20 hours for a 30% raise? How about 30 hours for a 45% raise? Sublinear utility merely means that there is some point at which you'll stop. I wonder if there'd be a significant gender split in how a UBI acts as a [dis]incentive to work. In the Mincome experiment, which resulted in a 10% decrease in work effort, the effect was higher among women than men. However given that the original data/study is unavailable (merely news reports about it), it's impossible to know if that effect was significant. (Back in the day they weren't as good at multiple comparisons corrections as they are now.)

AnthonyMouse 10y ago
> It does no such thing. Will you put in an extra 20 hours for a 30% raise? How about 30 hours for a 45% raise? By that point you're just running into the superlinear cost of time. Easy demonstration: What about an extra 130 hours for 195%? 40 + 130 > 168, so that's literally impossible. 120 would be possible but you would die of sleep deprivation. Even if the value of money is linear or superlinear, the value of time quickly catches up to it as it becomes more scarce. > In the Mincome experiment, which resulted in a 10% decrease in work effort, the effect was higher among women than men. You always cite the 10% but the link you gave last time showed that the majority of the decrease was from young mothers and students. That's clearly a different situation than people quitting their jobs to play video games.
- yummyfajitas 10y ago
  majority of the decrease was from young mothers and students. Let me repeat: "However given that the original data/study is unavailable (merely news reports about it), it's impossible to know if that effect was significant. (Back in the day they weren't as good at multiple comparisons corrections as they are now.)"

AnthonyMouse 10y ago

> It does no such thing. Will you put in an extra 20 hours for a 30% raise? How about 30 hours for a 45% raise? By that point you're just running into the superlinear cost of time. Easy demonstration: What about an extra 130 hours for 195%? 40 + 130 > 168, so that's literally impossible. 120 would be possible but you would die of sleep deprivation. Even if the value of money is linear or superlinear, the value of time quickly catches up to it as it becomes more scarce. > In the Mincome experiment, which resulted in a 10% decrease in work effort, the effect was higher among women than men. You always cite the 10% but the link you gave last time showed that the majority of the decrease was from young mothers and students. That's clearly a different situation than people quitting their jobs to play video games.

yummyfajitas 10y ago
majority of the decrease was from young mothers and students. Let me repeat: "However given that the original data/study is unavailable (merely news reports about it), it's impossible to know if that effect was significant. (Back in the day they weren't as good at multiple comparisons corrections as they are now.)"