Anarcho capitalist penal system (1 Viewer)

[Fish Tank]

Firm constructs and operates a toll road: doesn't offer street lights
Competitor realises it can capture the market of aforementioned toll road if it constructs a new toll road of its own, but with street lights.

If the market dictates that street lights are preferred to no street lights, and its economically viable construct a toll road with street lights, then there shall be street lights!

edit: yes I know this is retarded
editedit: Or a firm will offer a lower toll to consumers to use its roads instead of having street lights. It depends how much street lights are worth to consumers.

This is all pretty much just basic game theory crap... optimal solution will be achieved.

It's economically viable to have streetlights so that your consumers don't kill themselves while driving at night. Small investment to keep your market alive.

 

[jb_nc]

Firm constructs and operates a toll road: doesn't offer street lights
Competitor realises it can capture the market of aforementioned toll road if it constructs a new toll road of its own, but with street lights.

If the market dictates that street lights are preferred to no street lights, and its economically viable construct a toll road with street lights, then there shall be street lights!

edit: yes I know this is retarded
editedit: Or a firm will offer a lower toll to consumers to use its roads instead of having street lights. It depends how much street lights are worth to consumers.

This is all pretty much just basic game theory crap... optimal solution will be achieved.

does the road with streetlights go on top of the road without street lights with a bridge or right next to it or right below it in a tunnel format

 

[0bs3n3]

Two scenarios:
1) tough luck, they can't afford it, they don't get the insurance
2) community/neighbourhood chips in, forming a private charity fund, to pay for the insurance for those who can't afford it (it's in the interest of the community to do so - if the people are too poor to afford this essential security they themselves may turn to violence, or they may attract criminals to the neighbourhood as they know the people are uninsured) etc etc etc.

Think it's easier just to leave it as it is k.

 

[volition]

does the road with streetlights go on top of the road without street lights with a bridge or right next to it or right below it in a tunnel format

I know you're just trolling, but there has been talk about potentially doing "double decker" or triple decker roads, with multiple levels being owned by different companies. Similar to how the different stores in malls lease their space from the mall owner.

It's mentioned in Walter Block's book, The Privatization of Roads and Highways: Human and Economic Factors (free PDF)