Yeah, I do agree that for the case of traffic, elasticity is pretty close to 1, which importantly doesn't mean building more traffic is a bad idea, it's actually indicative of demand for traffic capacity being really high, meaning marginal value of doing so is likely also really high.

Jimrandomh's Shortform

by jimrandomh 1 min read4th Jul 201964 comments

This post is a container for my short-form writing. See this post for meta-level discussion about shortform as an upcoming site feature.