Showing 1 - 10 of 16
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
Consider a community with individuals who consume a private good and use a congestible facility. Without a congestion fee, use of the congestible facility will exceed the socially optimal level. We show that under some conditions this externality problem can be solved by income redistribution....
Persistent link: https://www.econbiz.de/10010676681
Properly specified pavement deterioration models are an important input for the efficient management of pavements, the allocation of cost responsibilities to various vehicle classes for their use of the highway system, and the design of pavement structures. However, most empirical deterioration...
Persistent link: https://www.econbiz.de/10010676740
Standard economic theory states that regulation by price is more efficient than regulation by command and control. Exceptions may arise of regulators have good knowledge of the supply curve. In practice, though, governments usually regulate by command and control, and do so when there is...
Persistent link: https://www.econbiz.de/10010676840
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
Reducing emissions of pollutants from cars requires that new vehicles be designed and built to pollute less, and also requires some ongoing inspection and maintenance programme to ensure that a vehicle's operation conforms to those design standards. This paper focuses on these programmes,...
Persistent link: https://www.econbiz.de/10010677066
Consider users who can choose between using two modes of travel (say a road and mass transit), and who can choose to incur a fixed cost that reduces the future costs of using mass transit. A congestion toll on the road may serve two purposes. First, it can induce users in the current period to...
Persistent link: https://www.econbiz.de/10010677098
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
Cars manufactured in the United States have become increasingly fuel efficient in the past two decades, and many people attribute that to rising gasoline prices. From 1975 to 1985, following the 1973 oil embargo, the fuel efficiency of new cars increased by more than 60 percent. What's...
Persistent link: https://www.econbiz.de/10010677357