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conceptionlast Saturday at 11:51 PM2 repliesview on HN

It’s not an expensive good - its a commons. The HOV lanes are “rich people super freeways” they are there to help mass transit.


Replies

BurningFrogyesterday at 4:16 AM

It's a scarce good, which loses most of its value if overused.

The standard Econ solution is to set a price that maximizes throughput. At least some toll roads are attempting to hit that price.

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roncesvallesyesterday at 7:24 AM

On this note, the "rich people super freeways" model actually does exist and works quite well, when implemented as a totally separate tolled highway that runs parallel to the toll-free one. See: https://en.wikipedia.org/wiki/Ontario_Highway_407