Nation of Beancounters

The Real Impact of Money: Traffic Jam Edition

Posted in Uncategorized by Navin Kumar on April 2, 2011

Gurgaon is a satellite city of New Delhi, to and from which people commute daily, many by car. Until recently, the highway toll was Rs. 20 per crossing. However on April 1 (no joke), the toll was raised to Rs. 21.

A modest raise: not likely to be one that causes trouble, right? Except that change is short and not everyone has a spare rupee coin lying around. So the toll employees have to provide Rs. 9 in change to every driver that passes, a time-consuming process which means that the time spent in line has increased from 3-4 minutes to 17-20 minutes (warning: data is anecdotal). Hindustan Times article here.

One can hope that drivers get into the habit of keeping rupee coins handy eventually but given that the benefits accrue mostly to other drivers this habit is likely to be unproduced.

File under “money matters”.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: