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The history of turnpikes from their first deployment in the 17th century through their decline in the 19th century, and some restoration in the 20th century is analyzed with a view to understanding the systematic causes of these changes. Key factors posited to explain both the rise and decline...
Persistent link: https://www.econbiz.de/10005227874
This paper studies road safety and accident externalities when insurance companies have market power, and can influence road users' driving behaviour via insurance premiums. We obtain both welfare and profit maximizing marginal conditions for first- and second-best insurance premiums for...
Persistent link: https://www.econbiz.de/10011255822
Objective Emerging economies like India are investing heavily in rapid development of urban transport infrastructure for public transport. Though the initial efforts started with three modes - metro rail, Bus Rapid Transit (BRT) and surface rail; currently investments are being made mainly in...
Persistent link: https://www.econbiz.de/10011261063
This paper derives empirically tractable formulas for the welfare effects of fare adjustments in passenger peak and off-peak rail and bus transit, and for optimal pricing of those services. The formulas account for congestion, pollution, accident externalities, scale economies, and agency...
Persistent link: https://www.econbiz.de/10005014641
The politically-charged notion of network neutrality came to the fore in 2005 and 2006, using analogy from transportation as one of the key tools in motivating arguments. This paper examines how the various notions around network neutrality (common carriage, regulation, price discrimination)...
Persistent link: https://www.econbiz.de/10005025582
This study explores the topological evolution of surface transportation networks, using empirical evidence and a simulation model validated on that data. Evolution is an iterative process of interaction, investment, and disinvestment. The temporal change of topological attributes for the network...
Persistent link: https://www.econbiz.de/10005025584
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 mixed, as...
Persistent link: https://www.econbiz.de/10005025585
Network structure varies across cities. This variation may yield important knowledge about how the internal structure of the city affects its performance. This paper systematically com- pares a set of surface transportation network structure variables (connectivity, hierarchy, circuity,...
Persistent link: https://www.econbiz.de/10009209896
We estimate the value of time savings, different cycling environments and additional benefits in cost-benefit analysis of cycling investments. Cyclists’ value of travel time savings turns out to be high, considerably higher than the value of time savings on alternative modes. Cyclists also...
Persistent link: https://www.econbiz.de/10009386404
In this paper we present two structural equation models to confirm hypotheses about psychographic causes of local and commuting students´ driving. This is used to question prevailing paradigms in transport economics. Further, recommendations regarding budgetfriendly, beneficial political...
Persistent link: https://www.econbiz.de/10009366335