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<title>Abstract</title> Are road pricing strategies regressive or progressive? This is a question that has been confronting researchers, practitioners, and policy‐makers who seek to implement new mechanisms to raise funds for transportation while simultaneously managing demand. The theoretical literature is...
Persistent link: https://www.econbiz.de/10010973217
Most economic models assume that individuals act out their preferences based on self-interest alone. However, there have also been other paradigms in economics that aim to capture aspects of behavior that include fairness, reciprocity, and altruism. In this study we empirically examine...
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This research aims to identify the role of network architecture in influencing individual travel behavior using travel survey data from Minneapolis-Saint Paul and Florida (Fort Lauderdale and Miami). Various measures of network structure, compiled from existing sources, are used to quantify...
Persistent link: https://www.econbiz.de/10011003100
In this paper we develop a positive theory of network connectivity, seeking to provide the microfoundations of alternative network topologies as the result of self-interested actors. By building roads, landowners hope to increase their parcels’ accessibility and economic value. A simulation...
Persistent link: https://www.econbiz.de/10011003177
This paper develops congestion theory and congestion pricing theory from its micro-foundations, the interaction of two or more vehicles. Using game theory, with a two-player game it is shown that the emergence of congestion depends on the players' relative valuations of early arrival, late...
Persistent link: https://www.econbiz.de/10005235997
Ramp meters in the Twin Cities have been the subject of a recent test of their effectiveness, involving turning them off for eight weeks. This paper analyzes the results with and without ramp metering for several representative freeways during the afternoon peak period. Seven performance...
Persistent link: https://www.econbiz.de/10005323058