Re: taxi transitional gains trap

2002-08-04 Thread Mark Steckbeck
Huge coordination problems, aren't there? -- Mark Steckbeck Assistant Professor of Economics Hillsdale College Economics Department 33 E. College Street Hillsdale, MI 49242 (517) 437-7341 [EMAIL PROTECTED] On 7/26/02 2:50 PM, Bryan Caplan [EMAIL PROTECTED] wrote: Is there really a

taxi transitional gains trap

2002-08-04 Thread Alex Tabarrok
Here is an interesting plan to get out of NYCs transitional gain trap regarding taxi medallions. Basically the author suggests buying out the current medallion holders and selling taxi-cab licenses on an open basis. I think his numbers don't add up but this might make an interesting

RE: taxi transitional gains trap

2002-08-04 Thread Michael Etchison
Bryan Caplan: If a majority of NYers seriously wanted free entry in cabs, wouldn't it happen regardless of the opinions of cab companies? Sure it would -- if your definition of seriously includes are willing and able to put enough pressure on the relevant city officials to both persuade them and

Re: taxi transitional gains trap

2002-08-04 Thread fabio guillermo rojas
Is there really a transitional gains trap? If a majority of NYers seriously wanted free entry in cabs, wouldn't it happen regardless of the opinions of cab companies? Prof. Bryan Caplan Uh-oh. The Median Voter Theorem rears its ugly head again.

Re: taxi transitional gains trap

2002-08-04 Thread Alex Tabarrok
Bryan Caplan wrote: If a majority of NYers seriously wanted free entry in cabs, wouldn't it happen regardless of the opinions of cab companies? Bryan is gently pointing out that my assumptions may be inconsistent with my earlier posts on democracy. Nevermind, I contain multitudes. It

Re: cultural cues and queues

2002-08-04 Thread Sagewhys
I am very interested in pursuing the experiment. I am wondering what my results might be at our State Unemployment Office, where the waits can stretch into hours. -Terri