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This paper explores interrelations between pricing, capacity choice, and financing in transportation networks. We build on the Mohring-Harwitz result on self-financing of optimally designed and priced roads and investigate it in a network environment under various types of second-best...
Persistent link: https://www.econbiz.de/10005655182
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type="main" <title type="main">ABSTRACT</title> <p>Foregone benefits of the open space that is sacrificed through urban sprawl are hard to quantify. We obtain a simple benchmark measure by introducing a demand for trips beyond the urban boundary into the monocentric city model. The externality arises from the increase in...</p>
Persistent link: https://www.econbiz.de/10011033199
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This paper reports stated preferences of Dutch workers for combinations of housing, employment, and commuting. The analysis uses standard logit models as well as mixed logit models. Estimation results offer insights into the relative importance of various aspects of housing, employment, and...
Persistent link: https://www.econbiz.de/10005655220
Ohta (2001) claims to have resolved a die-hard controversy on traffic congestion modeling by defining an inverse aggregate demand function that has traffic density as its argument-in Ohta's terminology the 'primitive term.'Using this demand function, Ohta shows that 'hypercongestion' may very...
Persistent link: https://www.econbiz.de/10005193321