(no title)
Straw | 3 months ago
Due to the effects described in the article, entering a road that's close to congested imposes negative externalities due to the delay on everyone behind you, even higher if you are pushing the road below optimal throughput. Push that externality into the price, and suddenly drivers will change their behavior in the desired fashion:
1. People will move their travel to less expensive times. Even if no other change occurs than people waiting for prices to fall, the roads operate at much higher throughput due to never getting into the region of diminishing throughput.
2. People will carpool/vanpool/mass transit- no need for any special treatment for transit, a bus with 50+ people can simply outbid most cars on the road for space, even accounting for the difference in road space taken by the bus. With the economic incentive in place, you'd even expect private buses/etc to pop up spontaneously. Right now, its rarely worth it to pool/bus- it adds extra time for you, but the benefit to the road you never see. With proper pricing, its still faster to take a car, but a lot more expensive- and the carpool/bus/etc is still probably faster than driving would be with congested roads.
3. Similarly, the high prices will incentivize alternatives such as biking, subways, etc, and give very good information on exactly what routes are in high demand when, estimates of how much an improvement would be worth, etc.
lesuorac|3 months ago
Think about a hose. If you have it at a certain flow and then increase the flow the water doesn't go out faster because it wants it. It flows faster because it's being pushed.
Same thing with cars, as more cars get onto the highway you want them to go at a higher speed so that the throughput matches the on ramp. We just need to cut down the number of 4 lane highways so that we have space to put exit ramps on both sides of a 2 lane highway but the increased speed will make up for it.
stetrain|3 months ago
pessimizer|3 months ago
Straw|3 months ago
But say this does happen a lot-this means rich people pay enormous road use fees, which can then be used for road maintenance, construction, and improvement, as well as other transit infrastructure!
So, the rich willingly subsidize infrastructure for everyone? Seems like a win-win!
bobthepanda|3 months ago
wpm|3 months ago
yesfitz|3 months ago
What traffic-reducing policy would you suggest such that all people are affected equally?
y-curious|3 months ago
tshaddox|3 months ago
Straw|3 months ago
bobthepanda|3 months ago
AlgorithmicTime|3 months ago
[deleted]