tag:blogger.com,1999:blog-5698599151422542939.post3698456172683003967..comments2023-09-21T05:14:00.254-04:00Comments on Euvoluntary Exchange: Of the Division of TariffsMungowitzhttp://www.blogger.com/profile/02340064320347875601noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5698599151422542939.post-58423613943384847652014-07-15T10:07:11.106-04:002014-07-15T10:07:11.106-04:00That's a good point. And a good idea for a pap...That's a good point. And a good idea for a paper: Schelling Effects in Livery Markets, Theory and Evidence. <br /><br />I like it.Samuel Wilsonhttps://www.blogger.com/profile/16635024719984640919noreply@blogger.comtag:blogger.com,1999:blog-5698599151422542939.post-51368988481142372832014-07-15T06:28:35.841-04:002014-07-15T06:28:35.841-04:00I'd expect that the firm-offered indemnity ins...I'd expect that the firm-offered indemnity insurance should suffice.<br /><br />Even in the case where there are some passengers who pay no attention at all to driver ratings (or who perhaps even prefer the ones who'll run red lights), the firm does see the ratings and would be trying to keep its premiums down by booting dodgy drivers. <br /><br />Perhaps the worry from incumbent drivers is that monitoring by Uber will be stricter than monitoring by the usual insurance mechanisms (how many speeding tickets, etc) and so could draw the better drivers into the better-monitored regime if insurance costs are high?Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.com