Re:Indian developer jailed for making unauthorized train tic...
by idiot900 on Tuesday November 17, 2020 @08:13AM
(#25123332)
The artificially low ticket prices are a way to allow India’s poor to travel. Market pricing is more efficient but it does not accommodate their social goals here.
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Re:Indian developer jailed for making unauthorized train tic...
by sokoloff on Tuesday November 17, 2020 @09:14AM
(#25123923)
Yes, I get that. The reason I brought that up is to point out that the comparison to market-based systems working better is not a valid comparison. And a system that allows people to pay more to "jump the line" is wholly against the social aims of this pricing mechanism.
If you raffle off these tickets to the luckiest fraction of people who want them, many prospective purchasers will end up disappointed. You can shift the mix of how many of them are disappointed by technical glitches versus how many are disappointed by the tickets going to other people, but you're still going to disappoint most of the people who want them.