Cartel members don't need to agree to not compete against each other, they simply need to agree to work together to restrict competition.
Cartel members don't need to agree to not compete against each other, they simply need to agree to work together to restrict competition. In this case, incumbent taxi firms could be in cutthroat competition with each other, while still lobbying to prevent new entrants into the market. I disagree that there is no way for customers to choose cabs which offer good service when street hailing. Sure, there is no way to provide 100% certainty that service will be good, but this is the case even under intense regulation. Considerations like reputation and the desire for future business do have a tremendous regulating effect. That doesn't mean they are perfect and I'm not saying there should be no regulation whatsoever, but I fail to see how restricting competition makes an already inefficient market more efficient.
Posted by asift on Jun 17, 2015, 7:00 PM
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This is my biggest problem with agents, they constantly defensively code for cases that have no chance of happening and in most cases a p...
NewI wish there was something like LEAN for biology.
The issue is really the extreme difficulty of programming them, especially for anything sequential (rather than combinatorial).
I probably could have beared with it if it was only limited to programming, but it showing up in creative fields has made me feel all sor...
I hate that I'm in deep enough to know what you mean.
The biggest problem with “AI” is that big corps are shoving it down our throats.
in the middel of a coding session with 5.6 sol.
[Hero Run] 535B-A23B on 18T tokens
Cartel members don't need to agree to not compete against each other, they simply need to agree to work together to restrict competition.
Cartel members don't need to agree to not compete against each other, they simply need to agree to work together to restrict competition. In this case, incumbent taxi firms could be in cutthroat competition with each other, while still lobbying to prevent new entrants into the market. I disagree that there is no way for customers to choose cabs which offer good service when street hailing. Sure, there is no way to provide 100% certainty that service will be good, but this is the case even under intense regulation. Considerations like reputation and the desire for future business do have a tremendous regulating effect. That doesn't mean they are perfect and I'm not saying there should be no regulation whatsoever, but I fail to see how restricting competition makes an already inefficient market more efficient.
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