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Persistent link: https://www.econbiz.de/10005118996
The distribution of the value of travel time savings (VTTS) is investigated employing various nonparametric techniques …
Persistent link: https://www.econbiz.de/10005119038
The rising trends both in drug addiction and crime rates are of major public concern in Germany. Surprisingly, the … economic theory of crime seems to ignore the drugs-crime nexus, whereas the criminological literature considers illicit drug … use a main reason of criminal activities. This paper provides an econometric assessment of the drugs- crime channel within …
Persistent link: https://www.econbiz.de/10005561015
The article evaluates crime trends in south border American and Mexican sister cities using panel data analysis. The …, institutional heterogeneity, and disparate crime outcomes. Higher homicide rates on the Mexican side seem to result from deficient … opportunistic clustering of criminal activity in Mexican cities, while no clustering is found on the American side. Crime also …
Persistent link: https://www.econbiz.de/10005412508
The particular point that will be stressed in this paper is that benefits derived from corrupt behaviour depend on institutions devised to discourage it. The analytical framework used to explore the symmetric tragedies of the commons and the anticommons outlined by James Buchaman and Yong J....
Persistent link: https://www.econbiz.de/10005412527
and the time spent on them. Un-priced traffic congestion causes an excess urban sprawl reflected in an average personal … daily travel time 13% or 8 minutes too long. Efficiency gains that curb this excess sprawl come from congestion tolls on …
Persistent link: https://www.econbiz.de/10005062510
travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational …
Persistent link: https://www.econbiz.de/10005062524
willingness-to-pay (WTP) for travel time savings from binomial choice data from a simple time-cost trading experiment involving … useful for parametric modeling. The index strongly indicates that small time savings are valued less than large time savings …
Persistent link: https://www.econbiz.de/10005556185
The paper presents an analysis of the income elasticity of the value of travel time savings (VTTS). It expands on …
Persistent link: https://www.econbiz.de/10005556242
elastic. The value of in-vehicle time is found to be about half of the UK average, reflecting that the roads in the St Andrews …
Persistent link: https://www.econbiz.de/10005118968