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critical determinant of the upper tail - and show how public transport access can both reconcile differences in fuel price …
Persistent link: https://www.econbiz.de/10011774924
Least-squares estimates of the response of gasoline consumption to a change in the gasoline price are biased toward … prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We demonstrate that …
Persistent link: https://www.econbiz.de/10011431005
. Further, the combined empirical price effects on exports and imports imply an increase in the real value of the RMB will … yields additional insights. Firms more subject to market forces exhibit greater price sensitivity. The price elasticity is …
Persistent link: https://www.econbiz.de/10010464697
We apply and extend the cost-based approach to bundling and tying under competition developed in Evans and Salinger (2004a) to over-the-counter pain relievers and cold medicines. We document that consumers pay much less for tablets with multiple ingredients than they would to buy tablets with...
Persistent link: https://www.econbiz.de/10011451375
conflict between the blockchain designer and validators with monopoly power in choosing between price-setting and quantity …-setting fee policies. The key determinants of the advantage of price-setting on blockchains are the validators’ bargaining power …
Persistent link: https://www.econbiz.de/10015046289
characteristics. We find expected signs for coefficients on price and income. Car choices are relatively inelastic, however, either to …
Persistent link: https://www.econbiz.de/10010371906
Reducing drink drive limits is generally regarded an effective strategy to save lives on the road. Using several new administrative data sources, we evaluate the effect of a stricter limit introduced in Scotland in 2014. This reduction had no effect on drink driving and road collisions....
Persistent link: https://www.econbiz.de/10012581336
We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that accounts for hypercongestion (a situation where congestion decreases a road's throughput). We show that the external cost - even when roads are not hypercongested - is substantial,...
Persistent link: https://www.econbiz.de/10012029052
Infrastructure projects are increasingly aiming to improve liveability, in particular in urban areas. We analyse a specific case in which an existing highway in an urban area was moved underground in order to improve intercity traffic flows and to reduce traffic externalities. As travel times...
Persistent link: https://www.econbiz.de/10011863525
We study the impact on road safety of one-day massive speed limit monitoring operations (SLMO) accompanied by media campaigns that announce the SLMO and provide information on the dangers of speeding. Using register data on the universe of police reported accidents in a generalized...
Persistent link: https://www.econbiz.de/10012156382