In this episode, we’re talking about congestion pricing — an area of mechanism design that’s aimed at alleviating something everyone hates: traffic.

In the first part of today’s episode, we’ll trace the history of the economic ideas that got us here. In the middle, we’ll dig deeper into the details of putting congestion pricing into practice, plus technological alternatives. And in the final part, we’ll explore parallels to — and implications for — crypto networks.

Our guest is Michael Ostrovsky, a Stanford Economics Professor who specializes in this area and who has done research on congestion pricing in New York. We’re also joined by a16z crypto Research Partner @skominers, who is a Professor of Business Administration at Harvard Business School, where he teaches market design and entrepreneurship.

With our host @hackr 🎙️

https://a16zcrypto.com/posts/podcast/congestion-pricing-economics-new-york/

i spoke to two economists about congestion pricing — from city blocks to blockchains

great conversation with @skominers + Mike Ostrovsky (who has been researching the implementation in NYC)

@a16zcrypto • Harvard/HBS • 🧩 • QED