Illinibucks tie perfectly into transfer pricing. The University would be setting a certain
Illinibucks price for priority standing in certain conditions. I think that ideal situations in which
Illinibucks could be applied to would be waiting in line at the dining hall, class
registration and, if possible through some sort of reciprocal agreement, bar
entry.
I can imagine many students using their Illinibucks to cut the line at
the dining hall. My freshman year, I
lived in Illini Tower (IT), so I didn’t have any issues waiting in line to eat since IT is private housing and doesn’t get very congested
at meal times. However, I know for a
fact that many of the public housing dining halls are quite different. I’ve only been to the Ikenberry Commons once
to eat, but when I went, it was chaotic and stressful. The line was extremely long, and we had to get
to the dining hall about 25 minutes before opening for dinner to go wait in
line. Applying Illinibucks to this
situation would drastically alter things.
Students could choose certain days to skip the line and use their
Illinibucks as a sort of fast pass (like at Six Flags) to skip the line and get
swiped into the dining hall wait-free.
Another situation in which Illinibucks could be applied to is class
registration. To my understanding, class
registration is based on the number of credit hours a student has completed,
and this means that younger students oftentimes get the short end of the stick
when it comes to registering. Since they
normally have one of the last registration days, they don’t have as much choice
when it comes to desirable class times or even desirable classes. (However, this does not apply to various
groups, such as James Scholars and athletes, because they receive priority when
it comes to registration.) Illinibucks
could be used to change one’s registration date and/or time, and this would
allow students to register earlier. In
the past, I definitely would have used my Illinibucks for this purpose because
I’ve had many classes that I would’ve liked to take at a different time, but
couldn’t because my ideal section choices were taken by the time my
registration time ticket started.
A third situation that I could apply Illinibucks to on campus is bar
entry. Since one must be 19 to enter
most of the bars at the University of Illinois, the lines are oftentimes long,
and it is quite a hassle to wait in line when it’s snowing and 20 degrees
outside. Therefore, I think that many students
would utilize Illinibucks to skip the line at various bars and receive
immediate entry. This would be similar
to the use of Illinibucks at dining halls, and students could skip the line on any
given night without pre-registering.
Applying the concept of Illinibucks to the University of Illinois would
be difficult. If the price were too low,
students would overuse their Illinibucks.
On a given day, there would be tons of people skipping the line at a bar
or in the dining hall if it was a good going out night or there was a good
meal. This would most likely cause
congestion, and people would be waiting in yet another line for entry. On the other hand, if the price of
Illinibucks were too high, not enough people would utilize them and it would be
a waste of a system. (However, in terms
of class registration it may be useful, but this could also create an influx of
users simply for registration and for nothing else.)
I think that this would create the need for individual night/meal
pricing. Skipping the line on a given
day would be calculated based on various factors. In the bar situation, these factors would
include: temperature outside (more people would want to skip if it was colder),
night of the week (Thursday-Saturday are the most popular nights to go out),
drink deals/events at the bar (if these things are occurring, the turnout will
be larger) and various other factors. In
terms of skipping the line on for a meal, factors that would need to be
considered when pricing would include: specialty meals being served (some
dining halls do themed nights, and these increase the turnout), night of the
week (some nights are more popular to eat at dining halls than others), type
of meal (more people would be present at dinner than at breakfast due to class
schedules) and various other factors.
Overall, I think that Illinibucks is a good concept in theory, but it
would be a headache to implement due to pricing issues. The University would be putting a lot of effort in just so that students wouldn't have to wait in line. After all, what's so horrible about lines? Patience is a virtue, and lines teach you this, right?
Let's ignore the bar use. Bars are private enterprises and not run by the University. The mealtime use is the next closest thing with the economics. I liked what you wrote in your penultimate paragraph. Price should vary be demand. The longer the queue, the higher the price. Maybe the price should float entirely, like how the company Uber prices car rides.
ReplyDeleteBringing up Uber, however, suggests something that you didn't consider - a possible supply response. At the meal hall, is the constraint the number of checkers, the number of servers, or something else? Might it be sped up in some way?
The idea of Uber is interesting, and I in fact did not consider it. The back-up and long lines might be a product of a shortage of checkers/servers, however, I think it would be difficult to speed up. As I mentioned earlier, when pricing meals for Illinibucks usage, certain factors have to be taken into account. But, what if on multiple occasions, the dining hall/university miscalculated the number of staff needed for a certain night (particularly overstaffing what they would think would be a "popular" meal). This would lead to a loss of revenue and many workers may be working when they are not necessarily needed. Unlike Uber, dining hall workers must be paid and have a much less flexible working schedule than Uber employees do.
DeleteAs I mentioned before, I like the idea of Illinibucks. I am definitely in favor of anything that saves me time and makes my day run more smoothly. However, I think there are too many unpredictable factors in the system, and the implementation of Illinibucks would lead U of I to lose revenue and would be difficult to calculate.