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If a micromort is really worth $50, then by my calculation, not riding a motorcycle is worth $40,000 per year.[1] Every year. The long term risk free interest r
by perl4ever 6y ago
If a micromort is really worth $50, then by my calculation, not riding a motorcycle is worth $40,000 per year.[1] Every year. The long term risk free interest rate at the moment is 1.39%, so the standard formula for a perpetuity says $40,000 indefinitely is worth about $2.8 million.
Therefore, someone out there should be willing to pay me to take one of these (I'd settle for $2.5M):
https://www.ducati.com/ww/en/bikes/panigale/superleggera-v4 https://www.ducati.com/ww/en/bikes/panigale/superleggera-v4
[1] 6 million riders, 5000 deaths per year
- Marsymars 6y agoRiding motorcycles is real dangerous. (And in large part, the risk isn't controllable by the rider.) I take part in snowboarding, climbing, and mountaineering activities that are statistically fairly high-risk, but I'd never take up motorcycling.
- Dylan16807 6y agoThe logical conclusion is that you should pay yourself to get rid of the motorcycle. I'm not sure how anyone else gets involved. Especially when your donated organs can save other people. You could get the government to pay a lot of money to make motorcycles unnecessary, but they already are. Also $50 sounds high to me. Most standards are closer to $5-10.
- perl4ever 6y ago>The logical conclusion is that you should pay yourself to get rid of the motorcycle If I had a motorcycle, giving it up would be the payment. Hence, I could pass the value on to someone else who assisted me, in theory. If I "paid myself" I guess that would mean I could choose something else risky to do with my "balance" of micromorts.
- Dylan16807 6y agoThat, and your previous post as far as I understand, only makes sense if someone that owns a motorcycle is stuck using it, unable to put it away or destroy it. A world where motorcycles act like curses is an interesting concept for a short story, but not very relevant to a discussion of micromorts.
- perl4ever 6y agoWell, if the cost of riding a motorcycle is millions of dollars, then it must be that they act like curses in the real world; otherwise you can't explain people doing it.
- Dylan16807 6y ago* People don't act rationally about small risks, and greatly exaggerate or diminish them based on fear. * Not everyone is going to put the same value on their own life. * Some people will find major restrictions worse than a very small risk of death. There's three perfectly good explanations. Also if you use $5 per micromort, a pretty standard number, you get a motorcycle-riding cost of about eleven dollars a day. Plenty of people would pay that on purpose. Also using perpetuity math is really wrong unless you plan to live hundreds of years.
- taneq 6y agoOf course if you stop riding then you become dead inside so that costs quite a few millimorts. Also if you ride a supersports like the one you linked, you certainly won't be getting that $40k in perpetuity... :P
- perl4ever 6y agoAh, but the idea was I'd get a lump sum...