The private buses in Maratahalli and the thoughts they provoke

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If you've tried travelling by bus from Maratahalli to ITPL then you'll easily be able to relate to what I'm saying. Maratahalli to ITPL is the last stretch I have to cover to get to office from the IIM-B hostel if I miss the company bus. During the mornings and evenings there are unimaginable multitudes waiting at Maratahalli to get to their offices in Whitefield, while during the rest of the day the numbers are lesser. And the government buses on this stretch are very very infrequent. So a number of private transporters have cropped up in recent times to ferry passengers in this stretch. This post is about them.

Firstly during the mornings, these private buses don't start moving till they are so full that passengers within have passed beyond the phase of being affected by gaudy perfumes and body odours and are praying solely for suvival during the coming half-an-hour in the limited supply of odoured oxygen.

Once they start (if they start, that is) these private buses will stop anywhere and everywhere; the scent of a prospective passenger is enough to lure the bus to a halt.

And these private buses hardly ply during the day as they engage in the day long wait for the bus to get full.

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Well what I find disconcerting in all this is that given an opportunity to work by themselves, most private players under such conditions look at short term gains (their reason, I've asked them...they don't know how long they'll be allowed to work before the govt. clamps restrictions...so recover initial costs as soon as possible and keep day to day operations as profitable as possible.)
The govt. in turn uses the mis-service as a pretext to clamp guidelines for so-called public well-being (especially when the election is round the corner or when some big babu has a small score to settle).
And the government and its men know pretty well that these restrictions are difficult to follow so the benevolent "pointsmen" are ready to look the other way (mind you, for public good, they say) as long as palms are greased.

Each involved party is trying to maximise benefits to his/her constituent, yet 'as a whole' the system is falling apart. And for many of us this provides a perfect case for the Big Brother's ( Government, for those who haven't read Orwell's 1984) intervention despite accompanying inadequacies.

But isn't the root cause somewhere else?
The higher the uncertainty you allow in a system, the greater the possibility that solutions beneficial to individual parties are baleful to the system as a whole.

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Is there a mathematical formuation for this already in Game theory or do I have to go to a bar and gaze at maidens for that 'Nashish' mathematical inspiration ;-).
(Maybe, Maratahalli buses are a better place for that inspiration :-))