Posts Tagged ‘Queues

22
Aug
08

Long queues a determinant of healthy society?

Incentive changes throughout the world and the role of spontaneous action..

Though seemingly chaotic and unnecessary to those of us in the “West”, the truth might be that these “mobs” actually work. Their structure– or lack of it– rewards those who want the ticket or item the most, and only displeases those who weren’t industrious (or ruthless) enough to work their way up to the front. This is a form of price discrimination in which those who were willing to “pay” the most, in this case with time and effort, are rewarded, while those who weren’t, aren’t.

View the article here

Advertisements



April 2019
M T W T F S S
« Mar    
1234567
891011121314
15161718192021
22232425262728
2930  
Crowdsourcing Crisis Information
Advertisements