this post was submitted on 14 Feb 2024
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[–] bignate31@lemmy.world 3 points 9 months ago (2 children)

The struggle here is that you're talking about money earned after the fact and not including game theory. It would be a tough experiment to conduct, but say you spent $150 million to save $104. What if you didn't spend that $150M? Would you have an extra $40k in the bank? Or would the $104M in losses actually end up more like $1.2B because, slowly, everyone realised there was no reason to pay a fare?

I don't know what the case is here, but I imagine some economists have determined that $150M is enough to balance between actually getting people to ride the subway (increasing fare will eventually drive down revenue) and a substantial enough threat to prevent jumpers (no cops in the way means tons more jumpers).

[–] SadSadSatellite@lemmy.dbzer0.com 5 points 9 months ago

104k loss, not 104m. It would take 150 years of no change to be worth the tax money wasted.

[–] Gabu@lemmy.world 1 points 9 months ago

The fact you didn't even realize the difference factor of 1000x between the two values is enough to show your argumentation is worthless :D