Comment by throw10920

> Is there an interpretation where people credibly thought it was better to aggregate at the fleet grain rather than individual levels? Ie is there a good faith argument?

"Good faith argument" implies that I think that the regulators were acting in bad faith. I don't! I believe they had the best intentions - sorry if I made it seem otherwise.

I'm just using the fact that the outcomes were negative to make the point that, even with the best intentions, if you're not careful with how you act, your actions can have negative results.

I totally get the logic of "it was better to aggregate at the fleet grain rather than individual levels" - I think a naive person would have done something similar - but it didn't work out, and it shows that you need to apply way more thought, effort, and analysis than you might naively assume.