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According to welfare-maximising principles, the price of parking must vary per day given shifts in daily demand. We study the economic consequences of not doing so by estimating the employees’ parking demand at an organisation that varies the price of parking by day of the week. We estimate...
Persistent link: https://www.econbiz.de/10010931234
Vehicle weight imposes external costs on a car accident collision partner. In the EU, the external costs through material damage are internalised through obligatory insurance, but this does not hold for the external costs related to injuries and fatalities. We estimate these external costs for...
Persistent link: https://www.econbiz.de/10011051530
Non-recurrent congestion is frequently caused by accidents and other incidents. We estimate the causal effect of incident duration on drivers' time losses through changes in non-recurrent road congestion on Dutch highways. We demonstrate that incident duration has a strong positive, but concave,...
Persistent link: https://www.econbiz.de/10011051526