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They do that with traffic tickets in Finland and Switzerland. You've probably heard of the $290,000 speeding ticket levied against a wealthy Swiss guy. http:/
by cschmidt 13y ago
They do that with traffic tickets in Finland and Switzerland. You've probably heard of the $290,000 speeding ticket levied against a wealthy Swiss guy.
http://marcfbellemare.com/wordpress/2012/02/speeding-fines-that-vary-with-income-absolute-vs-relative-risk-aversion-and-public-policy/ http://marcfbellemare.com/wordpress/2012/02/speeding-fines-t...
(The link is an interesting discussion of relative vs absolute risk aversion, with regard to tickets.)