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#609 - Uri Gneezy - How To Understand Psychological Incentives
Modern Wisdom
The Social Impact of Speed Traps in Estonia
In Estonia, they have police by the side of the road. And what they do is they'll ping you if you're going over the speed limit. You can pay 350 euros maybe or you can stay by the roadside for 30 minutes. So why not pay 350 and wait 30 minutes? Some people are reaching off that they don't care about the money. It's small fines that don't work.
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