Re:Motorists have been stranded on a major interstate in Vir...
by sagarm on Friday January 07, 2022 @12:03AM
(#29835167)
Induced demand actually does happen in American healthcare: spending goes up with healthcare availability, but health outcomes do not improve past a fairly low level of usage. This is a waste, not productive economic activity.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8057171/
The situation with roads is not that different: building more road capacity incentivizes sprawl, leaving the entire network more congested than it was when you started.
Roads just don't scale. The daily commute is like a distributed shuffle: time to complete the shuffle scales superlinearly, probably quadratically given the limited topologies possible with roads. It's not like you can build a hypercube road network.
Re:Motorists have been stranded on a major interstate in Vir...
by tshaddox on Tuesday January 04, 2022 @03:34PM
(#29800041)
No one is against increasing access to healthcare. But I deliberately chose the example of healthcare costs to be analogous with people experiencing traffic congestion.
Re:Motorists have been stranded on a major interstate in Vir...
by twoodfin on Tuesday January 04, 2022 @05:35PM
(#29801734)
Right, and I’m suggesting they are, in fact, quite analogous in this context. If there’s latent, unsatisfied demand for healthcare, and you increase the supply, you shouldn’t be surprised or disappointed if the new supply is consumed. More people are getting the healthcare they wanted!
Re:Motorists have been stranded on a major interstate in Vir...
by tshaddox on Tuesday January 04, 2022 @07:23PM
(#29803041)
Yes, but people aren’t complaining that more people drove the route. They’re complaining that congestion was not reduced. And congestion is bad.
Re:Motorists have been stranded on a major interstate in Vir...
by twoodfin on Tuesday January 04, 2022 @08:00PM
(#29803431)
Same congestion, more demand being satisfied seems like a win to me—and to the marginal drivers, who decided to start driving when they weren’t before, or the new capacity would not have become congested.
This is such an oddball perspective: EDGE, 3G, LTE mobile networks all became increasingly congested as demand rose to meet supply. But nobody thought building out 5G was therefore pointless.
“Induced demand” in every other industry is described as “latent demand”.