In countries, such as Singapore, that have implemented vehicle congestion policies, recent years have seen a shift towards motor vehicle taxes based on car use. Ownership taxes reduce the number of cars on the road, leaving the price per trip largely unaffected. Use taxes such as fuel taxes and...

Das Neun-Euro-Ticket war eines der größten Verkehrsexperimente der letzten Jahrzehnte. Was hat dieses Experiment bewirkt? Um dies zu beantworten, wurde die vierte Panel-Welle von repräsentativen Befragungsdaten ausgewertet, die im Rahmen des Projekts MOBICOR ("Mobilität in Zeiten der...

When regulated firms are offered compensation to prevent them from relocating, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply it...