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Your claim is backed by psychology research. The most well known study is the "Israeli Nursery" one where a fine was introduced based on how late you were to pick up your kid.

Parents started treating "x shekel fine for y minutes late" as "buy an extra y minutes for only x shekels!".



I don't think it would work here.

Some camp leaders spend famously x m$+ just to bring their art to the playa. They wouldn't care about some fine.

Similarly the fine would make it impossible for others to stay after.

This is one event that somehow resisted economic behavior IMO


I wonder how well that replicates between different cultures with different attitudes about money.




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