In 1996, the commission voted to require meters in all cabs by 1998. The decision was made after a city-financed study concluded that the zone system charged too much for short trips and not enough for long ones. The meters were never installed.
Read article here
Well, my personal opinion is that we need real meters, I just don't understand why DC keeps trying to be different and "individual." As the nation's capital shouldn't it set a bar for the rest of the country? Isn't that why they have such a great educational system? Oh... Wait...
I have in the back of my head something we studied in econ (of law maybe) about whether the cab driver is better off cheating & wasting time to get a higher fare or taking the quickest route.
Economics says: Quickest route - may be a lower fare but then you are able to start looking for a new passenger.
(If anyone has read this & has a reference for it I'd much appreciate the help.)
"I don't need to walk around in circles, walk around in circles, walk around in..." - Soul Coughing
(Listen here)
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Thursday, September 13, 2007
Friday, May 12, 2006
dead babies, condoms, and fishy economics
Low Newborn Survival Rate
Honestly, I think this ties into the whole NYT contraception article (read it here)
And if you've read that chapter of Freakonomics (which this link says may not be so rigorous evidence) your brain might start making some connections. (I think... I could just be being nuts.)
Honestly, I think this ties into the whole NYT contraception article (read it here)
And if you've read that chapter of Freakonomics (which this link says may not be so rigorous evidence) your brain might start making some connections. (I think... I could just be being nuts.)
Subscribe to:
Posts (Atom)