Timothy Lee asks why, if congestion pricing is so great, do we not observe it in use in a number of private commercial settings? In particular, when you check out at the grocery store, why is there not a higher-priced, speedier first-class lane? If the free market adopts policies that cater to the preferences of its customers, then it seems clear that its customers place a higher value on equal treatment than they do on getting out of the store quickly. This gives us good reason, Tim argues, to suppose that congestion pricing of roads would not satisfy consumer preferences better than equal treatment in driving, even if equal treatment results in more congestion.
Why supermarkets don’t use congestion pricing
Why supermarkets don’t use congestion pricing
Why supermarkets don’t use congestion pricing
Timothy Lee asks why, if congestion pricing is so great, do we not observe it in use in a number of private commercial settings? In particular, when you check out at the grocery store, why is there not a higher-priced, speedier first-class lane? If the free market adopts policies that cater to the preferences of its customers, then it seems clear that its customers place a higher value on equal treatment than they do on getting out of the store quickly. This gives us good reason, Tim argues, to suppose that congestion pricing of roads would not satisfy consumer preferences better than equal treatment in driving, even if equal treatment results in more congestion.