Re:$40 road tolls offer insight into commuter psychology
by londons_explore on Thursday December 07, 2017 @11:24AM
(#15871382)
Why aren't they a market-priced good?
It's a market with a fixed supply, but other markets like that work just fine. For example, the USA has a fixed amount of land, and that is sold at a market, and has settled on mostly reasonable rates.
Re:$40 road tolls offer insight into commuter psychology
by antisthenes on Thursday December 07, 2017 @11:51AM
(#15871625)
Market rates for land in desirable place are anything but reasonable. I have no idea how you came to the conclusion you did, but in actual desirable places, land is unaffordable to all but the very wealthy.
Re:$40 road tolls offer insight into commuter psychology
by humanrebar on Thursday December 07, 2017 @06:53PM
(#15875479)
Private land sales happen between voluntary buyers and sellers. From that perspective, prices are fair.
There are other resource allocation schemes besides giving resources to the wealthiest, for example by giving resources to the least wealthy. Or, as I suggested elsewhere, giving “highway passes” away by random lottery to everyone (with win probability set so that the expected number of winners is the correct number of road users).