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Congestion pricing (can) increase inequality, favoring the people able/willing to pay: without it, everyone 'pays' in time delays. This is related to recent d
by erwincoumans 4y ago
Congestion pricing (can) increase inequality, favoring the people able/willing to pay: without it, everyone 'pays' in time delays. This is related to recent discussion on HN on scaling fines based on income or wealth:
https://news.ycombinator.com/item?id=31176458 https://news.ycombinator.com/item?id=31176458
- zeroonetwothree 4y agoIt doesn’t favor the rich, it favors those willing to pay. But that’s true of any purchase in a market economy.
- erwincoumans 4y agoNot if the purchase/fine is 'paid' in waiting/delay time, time becomes an equalizer. And thanks, fixed the 'willing to pay' part.
- kqr 4y agoWords are funny. I'd argue it favours those able to pay. I think "willing" is the wrong word because people aren't transporting themselves for fun, most of the time. Personal transport is a rather inflexible demand. And those able to pay are, in our society, generally the rich.
- youainti 4y agoWilling and able to pay is the most accurate description. Typically decisions to purchase are described as constrained optimization problems with the constraint typically being a budget constraint.