tr-ASH-talk

Tuesday, January 01, 2008

A foolproof method to shorten queues

You spend too much time waiting in lines. "Too much" isn't some vague value judgment—it's a precise economic calculation. A good place in line is a valuable commodity, but it's not ordinarily traded in the marketplace. And this "missing market" inevitably produces inefficient outcomes.

You can get the rest of this insightful article here.

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