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2007. Public attitudes to the charges became more negative during the period from the decision to the start of the system …. Once the trial started, public attitudes became dramatically more positive over the following years, going from 2/3 against … the charges to more than 2/3 in favor of the charges. Self-reported changes in behavior and attitudes considerably …
Persistent link: https://www.econbiz.de/10010930813
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10011276950
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10010231018
According to the Cost Recovery Theorem the revenues from optimal congestion tolls pay for the capacity costs of an optimal-sized facility if capacity is perfectly divisible, and if user costs and capacity costs have constant scale economies. This paper extends the theorem to long-run uncertainty...
Persistent link: https://www.econbiz.de/10011051534
In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in Vickrey (1969) ‘bottleneck model’. To date, the closest approximations of this ideal in practice have so-called ‘step tolls’, in which the...
Persistent link: https://www.econbiz.de/10010577763
Congestion has become a burden for the Dutch economy. Commuters and businesses are suffering from the time lost in traffic and the unreliability of travel time. Expanding infrastructure can potentially solve such problems, albeit only in the long term and at a high cost. Thus short to...
Persistent link: https://www.econbiz.de/10008672222
Transportation is a vital sector of the U.S. economy based on consumers', firms', and government's enormous expenditures in money and time and on its effect on virtually all other sectors in the economy. I assess the performance of the transportation system and consider how it could be improved...
Persistent link: https://www.econbiz.de/10010696073
Congestion has become a burden for the Dutch economy. Commuters and businesses are suffering from the time lost in traffic and the unreliability of travel time. Expanding infrastructure can potentially solve such problems, albeit only in the long term and at a high cost. Thus short to...
Persistent link: https://www.econbiz.de/10012446335
Persistent link: https://www.econbiz.de/10012487736
A long line of research investigates whether the retail prices of electricity and natural gas send proper signals about scarcity in order to induce efficient consumption. Historically, regulated utilities have not designed tariffs that set marginal prices equal to marginal costs. Currently, some...
Persistent link: https://www.econbiz.de/10010659377