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Re:App parking system shuts down in San Francisco by curmudgeon224 on Sunday July 13, 2014 @08:18PM (#8029036)
Well - ignoring the fact that city maintained street parking is a public resource - I believe you are ignoring the cost of time (of the person searching for parking) in your analysis which, in effect, creates a perfect market equilibrium....or something.
Re:App parking system shuts down in San Francisco by jasonisalive on Sunday July 13, 2014 @08:24PM (#8029049)
A scarce resource is a scarce resource. It doesn't matter what intentions it was made with, or what rhetoric is used to justify a clearly defective pricing strategy.
Re:App parking system shuts down in San Francisco by judk on Sunday July 13, 2014 @10:55PM (#8029359)
time spent looking for parking is waste, aka deadweigt lost. Better to transfer money (zero sum) than waste time (negative sum)