Showing 1 - 8 of 8
Consider a consumer who can choose to travel on a congestible fast mode or on a congestible slow mode. Users who most value time will use the fast mode. A toll on the slow mode can induce some people who initially use that mode to switch to the fast mode. A toll on the slow mode with revenue not...
Persistent link: https://www.econbiz.de/10010843194
The accurate prediction of rutting development is an essential element for the efficient management of pavement systems. In addition, progression models of highway pavement rutting can be used to study the effects of different loading levels, and thus in allocating cost responsibilities to...
Persistent link: https://www.econbiz.de/10010843203
Governmental facilities for such services as education, health, and transportation are often small, of poor quality, and overcrowded, even when the costs are spread among all taxpayers. We also find that governments may subsidize private facilities providing the same services, or may charge...
Persistent link: https://www.econbiz.de/10010676963
Payment deterioration models are an important input for the efficient management of pavement systems, the allocation of cost responsibilities to various vehicle classes for their use of the highway system, and the design of pavement structures. This paper is concerned with the development of an...
Persistent link: https://www.econbiz.de/10010677065
Governmental facilities for such services as education, health, and transportation are often small, of poor quality, and overcrowded, even when the costs are spread among all taxpayers. We also find that governments may subsidize private facilities providing the same services, or may charge...
Persistent link: https://www.econbiz.de/10010677139
For a conventional good, an increase in price reduces the consumer surplus of both those who no longer buy the good, and of those who continue to buy it. If, however, consumers must spend real resources to obtain rights for the good, or if the quality depends on the number of other consumers...
Persistent link: https://www.econbiz.de/10010677273
Consider a consumer who can choose to travel on a congestible fast mode or on a congestible slow mode. Users who most value time will use the fast mode. A toll on the slow mode can induce some people who initially use that mode to switch to the fast mode. A toll on the slow mode with revenue not...
Persistent link: https://www.econbiz.de/10010817954
This paper develops a simple analytical model of price and frequency competitionamong freight carriers. In the model, the full price faced by a shipper (a goodsproducer) includes the actual shipping price plus an inventory holding cost, whichis inversely proportional to the frequency of...
Persistent link: https://www.econbiz.de/10011130847