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Suppose each truck I encounter in this way slows me down by fifteen minutes, and I value my leisure time at twenty-four dollars and hour.
Suppose each truck I encounter in this way slows me down by fifteen minutes, and I value my leisure time at twenty-four dollars and hour. (If you like, assume I am a typical car driver, and that only one car needs to pass each hour). Explain what should happen if I had the property right to the fast lane. Then explain what should happen if the trucker had it. Is there a difference
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