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Toward an Understanding of the Economics of Apologies : Evidence from a Large-Scale Natural Field Experiment

Halperin, Basil - 2019

We use a theory of apologies to design a nationwide field experiment involving 1.5 million Uber ridesharing consumers who experienced late rides. Several insights emerge from our field experiment. First, apologies are not a panacea: the efficacy of an apology and whether it may backfire depend...

Persistent link: https://www.econbiz.de/10012479628

Do Private Schools Provide Competition for Public Schools?

Hoxby, Caroline Minter - 1994

Arguments in favor of school choice depend on the idea that competition between schools improves the quality of … education. However, we have almost no empirical evidence on whether competition actually affects school quality. In this study …, I examine the effects of inter-school competition on public schools by using exogenous variation in the availability and …

Persistent link: https://www.econbiz.de/10012473921

Rise of Bank Competition : Evidence from Banking Deregulation in China

Gao, Haoyu - 2019

Using proprietary individual level loan data, this paper explores the economic consequences of the 2009 bank entry deregulation in China. Such deregulation leads to higher screening standards, lower interest rates, and lower delinquency rates for corporate loans from entrant banks. Consequently,...

Persistent link: https://www.econbiz.de/10012479745

Welfare Estimates of Shifting Peak Travel

Hahn, Robert William; Metcalfe, Robert D.; Tam, Hiu - National Bureau of Economic Research - 2023

We develop novel estimates of peak and off-peak price elasticities for urban mass transit demand in San Francisco using a large natural experiment with 3.6 million trip sessions and a natural field experiment that both have exogenous price subsidies. We then estimate the welfare impacts for...

Persistent link: https://www.econbiz.de/10014337861

The Fast, the Slow, and the Congested : Urban Transportation in Rich and Poor Countries

Akbar, Prottoy; Couture, Victor; Duranton, Gilles; … - National Bureau of Economic Research - 2023

We assemble a new global database on motor vehicle travel speed in over 1,200 large cities in 152 countries. We then estimate comparable city-level indices of travel speed and congestion. Most of the variation in urban travel speed is across countries, not within. National income per capita...

Persistent link: https://www.econbiz.de/10014337874

Efficiency of the Tokyo Housing Market

Ito, Takatoshi - 1993

In analyzing the dynamics of Tokyo housing price, we have compiled annual micro data sets from individual listings in a widely-circulated real estate advertising magazine. A data set compiled from "properties for investment" lists both asking (sales) prices and rents for the same properties....

Persistent link: https://www.econbiz.de/10012474571

Mobility and Congestion in Urban India

Akbar, Prottoy A. - 2018

We develop a methodology to estimate robust city level vehicular mobility indices, and apply it to 154 Indian cities using 22 million counterfactual trips measured by a web mapping service. There is wide variation in mobility across cities. An exact decomposition shows this variation is driven...

Persistent link: https://www.econbiz.de/10012480869

Sprawl and Urban Growth

Glaeser, Edward L. - 2003

Cities can be thought of as the absence of physical space between people and firms. As such, they exist to eliminate transportation costs for goods, people and ideas and transportation technologies dictate urban form. In the 21st century, the dominant form of city living is based on the...

Persistent link: https://www.econbiz.de/10012468965

Efficiency and Equity Impacts of Urban Transportation Policies with Equilibrium Sorting

Barwick, Panle Jia; Li, Shanjun; Waxman, Andrew R.; Wu, Jing - National Bureau of Economic Research - 2021

We estimate an equilibrium model of residential sorting with endogenous traffic congestion to evaluate the efficiency and equity impacts of urban transportation policies. Leveraging fine-scale data on household travel diaries and housing transactions with home and work locations in Beijing, we...

Persistent link: https://www.econbiz.de/10012599302

Citywide Effects of High-Occupancy Vehicle Restrictions : Evidence from the Elimination of ‘3-in-1’ in Jakarta

Hanna, Rema - 2017

In cities worldwide, the widespread use of single occupancy cars often leads to traffic congestion and its associated ill effects. Using high frequency data from Google Maps, we test whether high-occupancy vehicle (HOV) policies can be an effective tool to combat congestion. Using the unexpected...

Persistent link: https://www.econbiz.de/10012455386

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