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UHaul Pricing

I'm not convinced by his example but Andrew Roth (a former student of mine) has a found a nice source of data that could be used to discuss demand and supply, the difficulties of identifying price discrimination, and why it's efficient to have "women enter free" nights at clubs. 

Some high income earners are leaving California because of its punitive tax rates. Could low- and middle-income workers be leaving as well? One crude measure is to examine the one-way rental rates for U-Haul vans. Using U-Haul’s website, I queried a one-way rental for a 10-foot van for October 1st, 2005.

                       
One-Way Trip Price
Los Angeles to Las Vegas $454.00
Las Vegas to Los Angeles $119.00

Hattip to E. Frank Stephenson at Division of Labor.

Posted by Alex Tabarrok on August 29, 2005 at 07:14 AM in Economics | Permalink

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Tracked on Sep 9, 2005 6:06:31 AM

» Dare to Escape California Taxes from Hammer of Truth
Alex Tabarrok over at Marginal Revolution takes a cursory look at just how difficult it is to remove yourself from the grasp of bad government these days (via Coyote Blog): Some high income earners are leaving California because of its punitive tax r... [Read More]

Tracked on Sep 16, 2005 3:00:03 PM