Sure you do. It will be about the same as you and others paid last week at the same time. Or to save money you can go home before the surge or wait until after the surge. With a taxi, you don't get to choose how much to pay.
You can predict the selling price of something on eBay according to how much it sold for previously. So yes, prices are fairly predictable and uniform when all factors are held constant.
And it's also nice to know that you won't ever overpay for something on eBay. I think that's more important than knowing the exact selling price down to the penny.
Nearly all ratings are voluntary, and so suffer from self-selection bias... This sort of bias is so endemic to online polling that it's hopeless to try to correct it.
In the USA, the electoral college prevents regional factions from having undue influence in elections. In Australia, they achieve the same goal by requiring everyone to show up at the polls. So it seems the self-selection bias problem has already been solved in multiple ways.
Unless, of course, said gizmo is completely autonomous, can charge and otherwise look after its own self and also the patient. You know, like an electric grandmother or bicentennial man.
Allocating a "cost" to money that is never earned is a specious argument.
It's called an opportunity cost, and I assure you, it's a very legitimate and wise way to choose whether and how to invest. Ask your financial planner if you don't believe me.
Business owners don't want to spend the money for parking spaces when they can just share the on-street limited supply.
Exactly. Why should they pay for parking when government gives it to them for free?
shortages exist only because there is insufficient supply.
More generally, shortages exist when demand exceeds supply. So it's just as true that shortages are caused by "insufficient supply" as it is that shortages are caused by "excessive demand," but either claim alone only paints half the picture.
zoning laws are created to handle the "supply side".
Yes, unfortunately those who write zoning laws don't understand supply and demand very well.
Drunk driving is a problem created by people who make poor choices...
when you claim that the intent of the city is to promote drunk driving
I never claimed that. I only said that cities, through their laws, encourage drunk driving. I'm certain that isn't the intent, only the effect.
[requiring parking] costs the city nothing other than enforcement...
And a LOT of tax revenue. And increased enforcement costs because empty parking lots turn into crime magnets after dark. And they encourage people to drive and send their money to out-of-state car companies and oil companies, so parking lots are bad for the local economy.
the cost applies to the business owner who benefits from having more parking.
If that's true, then business owners don't need to be forced to provide parking.
Shortages exist when there is insufficient supply.
That's partially true, but it completely ignores the demand side.
Either we extend the argument about the city promoting drunk driving to its natural conclusion...
The natural conclusion I was thinking of is that the government should get out of our lives. "Government is not the solution to our problem; government is the problem." --Ronald Reagan
I agree, that isn't the main purpose. But the intention is not relevant, only the effect is.
They are intended to prevent the lack of parking caused by a business trying to rely on shared on-street public parking for all of its customers.
That's a rather clumsy and expensive way to prevent a shortage:
In economic terminology, a shortage occurs when for some reason (such as government intervention, or decisions by buyers not to raise prices) the price does not rise to reach equilibrium.
When you understand that shortages occur when prices are held artificially low, another solution besides micromanaging the supply becomes obvious.
Should all of these places be prohibited from having parking lots just because they provide access to alcohol?
Do you think I said bars should be prohibited from having parking lots?
You implied that the existence of something which induces driving to a bar is an invitation to drive drunk.
More specifically, when something that encourages drunk driving is required by law--when the law encourages illegal behavior--isn't this the very definition of entrapment? Or are you using a definition of "entrapment" that I'm not aware of?
When a bar chooses to locate within easy access of transportation, that's just natural market forces at work. You can blame nature until you're blue in the face, but that's not very productive.
A parking lot in front of a bar is not an invitation to drink and drive.
Cheap, abundant parking induces driving. Bars facilitate drinking. It shouldn't take a rocket scientist to predict the result when you put the two together!
"Inadequate parking" means demand exceeds supply. But Geoffrey.landis and I are talking about setting the price of parking so that situation doesn't happen.
This is a classic economics problem, overuse of a good that is given away for free; and has a classic economic solution: put a price on it.
Would that also prevent shortages of parking spots without charging stations? Why don't we do that instead of forcing developers and business owners to provide parking?
It's strange how we have minimum parking requirements at restaurants but no minimum tables and chairs requirements, as if parking is more important than eating.
Is it possible for a city to have too much infrastructure? What would that look like, and is there an objective way to determine whether a city like Detroit has that problem?
public transit...always requires financial support from tax payers because you never can charge the riders enough.
Texas couldn't find a single road that paid for itself 100% through gas taxes and other user fees. Why should transit be held to a higher standard?
And can you name a city that doesn't force developers and business owners to provide free parking and yet the majority of people still prefer to drive?
The slowly, slowly moving cars make the pollution far worse.
Citation needed, especially with hybrids and electric cars on the road these days. Make sure your source considers the emissions that result from induced demand when the road is widened. Good luck!
If they're going to continue growing the metro area, they need some kind of mass transit that makes it possible to get around without adding even more cars to the highway.
two University of Toronto professors have added to the body of evidence showing that highway and road expansion increases traffic by increasing demand. On the flip side, they show that transit expansion doesn't help cure congestion either.
Belief in the infallibility of computers and programmers is sort of funny, actually.
The Space Shuttle Columbia's computer did a remarkably good job of keeping the nose pointed in the right direction while the craft was disintegrating, right up until the time it lost hydraulic pressure and control became impossible:
the [plasma] breach ultimately caused unusual aerodynamic drag to develop on the left side of the spacecraft, forcing Columbia's flight computers to adjust the shuttle's roll trim with the elevons, or wing flaps, on each wing. Eventually, two right-firing rocket thrusters were ignited to provide additional muscle. But it was a losing battle.
You don't even need a national grid to ensure that local electrical generation in a grid that incorporates wind power exceeds local demand on a windless day. You only need to make it an economic problem rather than an engineering problem by recognizing, as Texas does, that shortages occur when the price is too low, and surpluses occur when the price is too high.
Was Rosa Parks wrong to break the law about where black people sat on a bus?... It is both idiotic and insulting to compare a commercial undertaking trying to gain illegal arbitrage with civil Rights activists...
Other than you, who is doing just that? (That's a nice example of the "straw man" fallacy, by the way.)
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With a PCMCIA network card or a Plipbox.
You can find new old stock UK-layout Amiga 1200 keyboards on eBay for a reasonable price. All that's missing is the Help key, and the Power/Floppy/HD LEDs.
Sure you do. It will be about the same as you and others paid last week at the same time. Or to save money you can go home before the surge or wait until after the surge. With a taxi, you don't get to choose how much to pay.
You can predict the selling price of something on eBay according to how much it sold for previously. So yes, prices are fairly predictable and uniform when all factors are held constant.
And it's also nice to know that you won't ever overpay for something on eBay. I think that's more important than knowing the exact selling price down to the penny.
eBay is surge pricing. Your perceptions about surge pricing are questionable.
In the USA, the electoral college prevents regional factions from having undue influence in elections. In Australia, they achieve the same goal by requiring everyone to show up at the polls. So it seems the self-selection bias problem has already been solved in multiple ways.
Unless, of course, said gizmo is completely autonomous, can charge and otherwise look after its own self and also the patient. You know, like an electric grandmother or bicentennial man.
It's called an opportunity cost, and I assure you, it's a very legitimate and wise way to choose whether and how to invest. Ask your financial planner if you don't believe me.
Exactly. Why should they pay for parking when government gives it to them for free?
More generally, shortages exist when demand exceeds supply. So it's just as true that shortages are caused by "insufficient supply" as it is that shortages are caused by "excessive demand," but either claim alone only paints half the picture.
Yes, unfortunately those who write zoning laws don't understand supply and demand very well.
Again, that's only half of the truth.
I never claimed that. I only said that cities, through their laws, encourage drunk driving. I'm certain that isn't the intent, only the effect.
And a LOT of tax revenue. And increased enforcement costs because empty parking lots turn into crime magnets after dark. And they encourage people to drive and send their money to out-of-state car companies and oil companies, so parking lots are bad for the local economy.
If that's true, then business owners don't need to be forced to provide parking.
That's partially true, but it completely ignores the demand side.
The natural conclusion I was thinking of is that the government should get out of our lives. "Government is not the solution to our problem; government is the problem." --Ronald Reagan
I agree, that isn't the main purpose. But the intention is not relevant, only the effect is.
That's a rather clumsy and expensive way to prevent a shortage:
When you understand that shortages occur when prices are held artificially low, another solution besides micromanaging the supply becomes obvious.
Do you think I said bars should be prohibited from having parking lots?
"Common sense is that which tells us the world is flat." --Stuart Chase
More specifically, when something that encourages drunk driving is required by law--when the law encourages illegal behavior--isn't this the very definition of entrapment? Or are you using a definition of "entrapment" that I'm not aware of?
When a bar chooses to locate within easy access of transportation, that's just natural market forces at work. You can blame nature until you're blue in the face, but that's not very productive.
That's a silly question. Why do you ask it? What do you think I'm calling on bars to do?
Cheap, abundant parking induces driving. Bars facilitate drinking. It shouldn't take a rocket scientist to predict the result when you put the two together!
And what about the cities that encourage that very same behavior?
One could even call it entrapment when the city encourages people to drink and drive and then arrests anyone who does so.
Just curious, what was your prediction on that one?
"Inadequate parking" means demand exceeds supply. But Geoffrey.landis and I are talking about setting the price of parking so that situation doesn't happen.
Would that also prevent shortages of parking spots without charging stations? Why don't we do that instead of forcing developers and business owners to provide parking?
It's strange how we have minimum parking requirements at restaurants but no minimum tables and chairs requirements, as if parking is more important than eating.
Is it possible for a city to have too much infrastructure? What would that look like, and is there an objective way to determine whether a city like Detroit has that problem?
Texas couldn't find a single road that paid for itself 100% through gas taxes and other user fees. Why should transit be held to a higher standard?
And can you name a city that doesn't force developers and business owners to provide free parking and yet the majority of people still prefer to drive?
Citation needed, especially with hybrids and electric cars on the road these days. Make sure your source considers the emissions that result from induced demand when the road is widened. Good luck!
Except it doesn't work that way in real life:
(emphasis added)
The Space Shuttle Columbia's computer did a remarkably good job of keeping the nose pointed in the right direction while the craft was disintegrating, right up until the time it lost hydraulic pressure and control became impossible:
You don't even need a national grid to ensure that local electrical generation in a grid that incorporates wind power exceeds local demand on a windless day. You only need to make it an economic problem rather than an engineering problem by recognizing, as Texas does, that shortages occur when the price is too low, and surpluses occur when the price is too high.
Other than you, who is doing just that? (That's a nice example of the "straw man" fallacy, by the way.)