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In this paper the reliability of travelling by public transport modes is investigated. We deal with the reliability of travel times in public travel chains. Until now the only research in this field has been directed towards the reliability of trips where only one move is made. Therefore, a new...
Persistent link: https://www.econbiz.de/10011300561
Frequency of services and vehicle size are important policyinstruments of railway companies. Extending Mohring's basic'square root model' for frequencies, we arrive at more generalformulations for frequency, vehicle size and price underalternative regimes of welfare and profit optimisation. It...
Persistent link: https://www.econbiz.de/10011318574
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Railway networks are characterised by variations in demand on different links. Optimal strategies therefore call for a differentiated treatment of fares, frequencies and vehicle sizes in various links. However, for several reasons, railway operators may apply uniform levels for these decision...
Persistent link: https://www.econbiz.de/10011350362
Reimbursement of commuting costs by employers has attracted little attention from economists. We develop a theoretical … frictions and show that partial reimbursement of commuting cost will in general be an element of the recruitment policy. The … alternative explanation that stresses the role of tax incentives is unlikely to provide a full explanation of the commuting costs …
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whether the commute has a positive effect on worker’s absenteeism. Our estimates for Germany indicate that commuting distance …
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to pay for reducing commuting distance is about euro 0.25 per kilometre travelled. This corresponds to a marginal … willingness to pay for reducing commuting time of about 75% of the net average hourly wage. For females, the willingness to pay is …
Persistent link: https://www.econbiz.de/10011381594
The paper presents a polycentric general equilibrium model with congestion externalities and distortionary labor taxation calibrated to fit the key empirical regularities of the regional economy and transport system of Randstad conglomeration. In line with more stylized models, marginal external...
Persistent link: https://www.econbiz.de/10011298885