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show that the disruption in rail transport increases bus ticket sales. Crucially, the effect persists beyond the strike …This paper investigates the impact of the largest rail strikes in German history on intercity buses – a then newly … liberalised market. Using unique booking data of bus services, we exploit variation in rail service cancellations across routes to …
Persistent link: https://www.econbiz.de/10014377457
In the simple Allingham-Sandmo portfolio model of tax evasion an expected utility maximizer will cheat more than what is estimated in empirical studies. Two main types of explanation have been suggested as solutions to this puzzle: (1) Tax payers act according to some non-expected utility...
Persistent link: https://www.econbiz.de/10010274740
We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro-data on 23,000 newly purchased cars and their buyers. Our estimates reveal substantial income heterogeneity in price elasticity and electric vehicle (EV) adoption. While CO2 levies...
Persistent link: https://www.econbiz.de/10013266610
We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro-data on 23,000 newly purchased cars and their buyers. Our estimates reveal substantial income heterogeneity in price elasticity and electric vehicle (EV) adoption. While CO2 levies...
Persistent link: https://www.econbiz.de/10013293846
Persistent link: https://www.econbiz.de/10010315894
show that the disruption in rail transport increases bus ticket sales. Crucially, the effect persists beyond the strike …This paper investigates the impact of the largest rail strikes in German history on intercity buses – a then newly … liberalised market. Using unique booking data of bus services, we exploit variation in rail service cancellations across routes to …
Persistent link: https://www.econbiz.de/10014347994
Empirical welfare analyses often impose stringent parametric assumptions on individuals’ preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
Persistent link: https://www.econbiz.de/10012582134
Empirical welfare analyses often impose stringent parametric assumptions on individuals’ preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
Persistent link: https://www.econbiz.de/10013228344
extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10014290154
The structure and functioning of the market of higher education in the United States possess distinctive if not puzzling features such as the wide spectrum of institutional arrangements and sources of funding, stark segmentation in levels of selectivity and instructional resources, and high...
Persistent link: https://www.econbiz.de/10012836928