Showing 1 - 8 of 8
We study the role of land development restrictions for the effects of highway expansion on the spatial distribution of population. We demonstrate that these restrictions strongly interfered with the effects of highways in the Netherlands. Introducing an IV approach to address endogenous...
Persistent link: https://www.econbiz.de/10011772970
Conventional economic models of traffic congestion assume that therelation between road use and speed is a technical one. In this paper wederive the speed-flow relationship from more fundamental considerationsconcerning driving behaviour. We develop a structural model in which driverschoose...
Persistent link: https://www.econbiz.de/10011316888
This paper provides a link between car following theory and the economic theoryof road congestion by means of a theory … of speed choice. According to this theory speedchoice is based on a trade-off between the benefits (shorter travel time … elaborating this relationship a number of car-following models can be derived fromthis theory of speed choice. Wit homogeneous …
Persistent link: https://www.econbiz.de/10011327845
This paper analyzes the possibilities to relieve congestion using rewards instead of taxes, as well as combinations of rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic demand, a fine (time-varying) reward is equivalent...
Persistent link: https://www.econbiz.de/10011380921
practical limit to the degree of differentiation real world mplementations can handle. The traditional approach to accommodate …
Persistent link: https://www.econbiz.de/10011381994
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