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This is a ought/are problem. You're saying what rideshare drivers ought to be doing, and then in that most optimistic case doing your calculations based on tha

This is a ought/are problem. You're saying what rideshare drivers ought to be doing, and then in that most optimistic case doing your calculations based on that, but you instead need to taking a descriptivist look at the situation and doing the analysis on what people are actually doing, not what you think they should be doing. And, yes, lots of rideshare drivers are buying/leasing new vehicles to use for the platform, and they are suffering a lot from depreciation on it.

bhupy 7y ago
If drivers are doing something that they shouldn't be, and there's a fairly straightforward way for them to avoid negative consequences, then this is a matter that is out of scope of public policy. Removing the negative consequences from making unwise financial decisions 1) is a moral hazard, and 2) punishes those that are using their resources more wisely.