We develop an equilibrium job search model in which employees incur commuting costs, and residential relocation is costly. We demonstrate that firms partially compensate workers for the incurred relocation costs to avoid paying compensation for commuting costs when house prices do not fully...

In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time costs fall. Using data from Great Britain, we...

The authors derive the annual welfare effects of low water levels on the river Rhine employing detailed trip data reported by bargemen between January 2003 and July 2005. They find a considerable effect of water levels on freight price per ton and load factor, but the effect on the price per...

According to theory, carriers' speeds vary positively with freight prices and negatively with fuel prices. The current paper tests these hypotheses using micro panel data on inland waterway trips, made in North-west Europe in the period 2003-7. We find that the freight price elasticity of speed...

There is little known about the effects of staggered-hours programmes that affect workers' working schedules to mitigate peak congestion. We examine the effect of workers' morning start times on their wages in Germany. In contrast to previous work based on cross-section data, we demonstrate that...

The authors study interaction on a two-lane road between the trips of two types of drivers who differ by their desired speeds. The difference in desired speeds causes congestion, because slow vehicles force fast vehicles to reduce their speed. Results for this type of congestion with respect to...

We analyse the scheduling decisions of competing transport operators, using a horizontal differentiation model with price-sensitive demand and asymmetric distance costs. Two competitors choose fares and departure times in a fixed time interval; consumers' locations indicate their desired...

This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenises entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...

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The authors explore the properties of various types of public and private pricing on a congested road network, with heterogeneous users, and allowing for elastic demand. The network allows them to model certain features of real-world significance: pricing restrictions on either complementary or...