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> But a lot of people would not consider that a good outcome. If they didn't consider that a good outcome, they would stop paying money to move there, or move
by hx87 9y ago
> But a lot of people would not consider that a good outcome.
If they didn't consider that a good outcome, they would stop paying money to move there, or move out, and cause housing prices to drop, thus solving the problem.
- gowld 9y agopersonal incentives don't "solve" social problems. People compete themselves into subsistence -- not motivated to improve a situation until it's too miserable to bear, and then back off just to the edge. This is the "tragedy of the commons" coordinate problem
- hx87 9y agoExcept what the SF Bay Area is facing isn't the Tragedy of the Commons--it's the Tragedy of the Anticommons, where the owners of resources underutilize them.