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I see... I guess one possible solution would be to make liquor licenses non-transferable, and then only issue them to businesses that are not located close to
by Crito 12y ago
I see... I guess one possible solution would be to make liquor licenses non-transferable, and then only issue them to businesses that are not located close to some threshold of other license holders.
Calibrating those thresholds to not generate more traffic (as people barhop with cabs instead of walking between bars) and to not kill the nightlife completely would probably proof challenging though.
- tptacek 12y agoIf you only issue licenses to businesses that aren't close to other businesses, you've created an artificial scarcity. That's fine, but the economically optimal solution to scarce licensing is auctioning or, if that doesn't work, secondary markets.