Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 539181199021834271
Free rider problem
competition between bridges and... other methods of transportation? like what
I heard you lol can you explain it
people taking benefits from public goods they didn't contribute to
Now we have excess demands on these roads which leads to shortages
oh like companies driving trucks on roads without paying much in taxes by tax evasion
No
Well
maybe yea
ye
lol
stuff like that
but anyway, generally speaking, you have a bridge somewhere because getting there otherwise is tough
what do you say to someone who has to cross a specific bridge to get somewhere?
trains and other roads will be a problem if there is a high price charged
what about our homie @Colonel Sanders™ , who it sounds like only has one way to get somewehre
or a price above the equilibrium
wouldn't private companies just drive up the cost of his drive?
because they know it's the only way somewhere?
How?
the problem with privatizing roads and other public infrastructure is that there are very specific regional monopolies
Colonel Sanders
roads are monopolies currently
haha, you're not hearing me, regional monopolies
if there is *ONE ROAD* to get somewhere, what will happen to the tolls on that road?
in a free market situation
Wdym what will happen?
will the tolls go up... or down
will the price be high... or low
depends what supply and demand has it at
no, there is none of that. There is one road, one toll, x amount of people use it daily. it is not fluctuating, it is a road in a population-stable location
what will happen to the tolls on that road?
will they magically be low?
the "supply" is 1: one road lol. The demand is x amount of people a day. It doesn't change, because it is a road.
the toll will be extremely high, because they know they can, because people need this road
I mere there’s 2 bridges but 1 only has a 2 lane road to get to it lol
So when they do work on the main one
You’re fucked
And it’s like every summer btw
mkay so there's some competition there, we can easily imagine a scenario though where just one road/bridge exists to get somewhere