Showing 1 - 10 of 117
In studying congestion tolling, it is important to account for heterogeneity in preferences of drivers, as ignoring it can bias the welfare gains. We analyse the effects of tolling, in the bottleneck model, with continuous heterogeneity in the value of time and schedule delay. The welfare gain...
Persistent link: https://www.econbiz.de/10014198709
satiable agents, i.e., the benefit function is decreasing beyond some satiation point. In such situations externalities appear … has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In ca! se … of satiation points, it appears that every weighted hierarchical solution is independent of the externalities …
Persistent link: https://www.econbiz.de/10014191059
In studying congestion tolling, it is important to account for heterogeneity in preferences of drivers, as ignoring it can bias the welfare gains. We analyse the effects of tolling, in the bottleneck model, with continuous heterogeneity in the value of time and schedule delay. The welfare gain...
Persistent link: https://www.econbiz.de/10010325883
satiable agents, i.e., the benefit function is decreasing beyond some satiation point. In such situations externalities appear … has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In case of … satiation points, it appears that every weighted hierarchical solution is independent of the externalities. …
Persistent link: https://www.econbiz.de/10010325973
We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which...
Persistent link: https://www.econbiz.de/10010325587
This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9.4% reduction in traffic flow, which resulted in a less...
Persistent link: https://www.econbiz.de/10012427180
ability types take up more education.A subsidy to education will then favor these types. Wediscuss the condition for the net … education subsidy. We consider somemore elaborate schemes for education subsidies.This discussion paper has resulted in ch. 4 of …
Persistent link: https://www.econbiz.de/10010324814
. However, if the programme generates externalities for non-participants such an approach will capture only part of the …
Persistent link: https://www.econbiz.de/10010325173
This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...
Persistent link: https://www.econbiz.de/10010325877
This paper exploits micro firm level data to examine the impact of spatial clustering and links to foreign buyer networks on firm performance in the wood furniture industry in Central Java, Indonesia. The analysis is based on an annual manufacturing survey. We identify the impact of...
Persistent link: https://www.econbiz.de/10010326199