Do low-cost fines work?

Tesla to fine drivers hogging Supercharger stations: Could it backfire?

Tesla Motors Inc. will begin imposing a $0.40-per-minute fine on drivers who leave their cars parked at Supercharger stations more than five minutes after their vehicles finish charging, the company announced Friday in an effort to maximize station availability by keeping people moving. “A customer would never leave a car parked by the pump at a gas station and the same thinking applies with Superchargers,” Tesla CEO Elon Musk wrote in a blog. Behavioral economists have noted, however, that low-cost fines can backfire. So it remains to be seen whether Tesla’s initiative will effectively encourage courteous charging-station behavior or merely turn tardiness into a commodity. ….[READ]