i dont think thats true. the cost can also be much cheaper, but people price differentiate better when they can actually see the number than when they cant.
you can look at 19.99 as an example, vs 20 as example of making people feel a certain way to get them to shop differently, or credit cards - which get people to pay much more for an item than they otherwise would with the interest payments, or with the klarna styled buy now pay later.
its not a tautology that a higher price drives down cost.
i think the government price is likely much less than the cost of congestion, especially once you price in the externalities of pollution, but drivers werent aware of how much cost they were incurring from the congestion, and now that there's a number, they can make decisions based off of it
i dont think thats true. the cost can also be much cheaper, but people price differentiate better when they can actually see the number than when they cant.
you can look at 19.99 as an example, vs 20 as example of making people feel a certain way to get them to shop differently, or credit cards - which get people to pay much more for an item than they otherwise would with the interest payments, or with the klarna styled buy now pay later.
its not a tautology that a higher price drives down cost.
i think the government price is likely much less than the cost of congestion, especially once you price in the externalities of pollution, but drivers werent aware of how much cost they were incurring from the congestion, and now that there's a number, they can make decisions based off of it