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I think you are confused what skin in the game means. Pilotes and startup founders are among the professions with most skin in the game. If they crash their pla

by ckuehne 13y ago

I think you are confused what skin in the game means. Pilotes and startup founders are among the professions with most skin in the game. If they crash their plane/company they die/go brankrupt (or at least lose time and money) with it. That pilotes die in case of a plane crash is probably the main reason why air travel is so safe. On the other hand doctors have, compared to their patients, no skin in the game. If the patients health gets worse or the patient dies the doctor stays unharmed. This is partially the reason for overtreatment in medicine (the other one being the asymmetry between the rewards for positive/negative effects of treatment vs. no-treatment.)

vinutheraj 13y ago
> That pilotes die in case of a plane crash is probably the main reason why air travel is so safe. Then what about driving ? By the same logic, car accidents should be much less. Flights are much safer due to the amount of research done in air-travel safety, in general, and also after every accident. And also because in roads you have too many cars interacting together at the same time, where any one person's small mistake can cause an accident, which is not the case with aeroplanes.
- ckuehne 13y ago
  "Flights are much safer due to the amount of research done in air-travel safety, in general, and also after every accident." Yes, of course. But why? Why is the amount of safety research so much higher after a plane crashes compared to when a patient dies? Why are simple checklists common practice for pilotes but not for doctors even though they could save many lives [1]. As for car travel. It seems to be inherently more dangerous for the reasons you mention. But lets introduce a principal-agent problem [2] for car driving. Assume that for example taxi drivers would steer the vehicle from a save place say as a drone. Would you want to drive with such a taxi? [1] Gigerenzer: Risk Savvy - How to make good decisions. [2] https://en.wikipedia.org/wiki/Principal–agent_problem https://en.wikipedia.org/wiki/Principal–agent_problem

by ckuehne 13y ago

vinutheraj 13y ago

> That pilotes die in case of a plane crash is probably the main reason why air travel is so safe. Then what about driving ? By the same logic, car accidents should be much less. Flights are much safer due to the amount of research done in air-travel safety, in general, and also after every accident. And also because in roads you have too many cars interacting together at the same time, where any one person's small mistake can cause an accident, which is not the case with aeroplanes.

ckuehne 13y ago
"Flights are much safer due to the amount of research done in air-travel safety, in general, and also after every accident." Yes, of course. But why? Why is the amount of safety research so much higher after a plane crashes compared to when a patient dies? Why are simple checklists common practice for pilotes but not for doctors even though they could save many lives [1]. As for car travel. It seems to be inherently more dangerous for the reasons you mention. But lets introduce a principal-agent problem [2] for car driving. Assume that for example taxi drivers would steer the vehicle from a save place say as a drone. Would you want to drive with such a taxi? [1] Gigerenzer: Risk Savvy - How to make good decisions. [2] https://en.wikipedia.org/wiki/Principal–agent_problem https://en.wikipedia.org/wiki/Principal–agent_problem