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Consider a shopper or tourist driving downtown and trying to park. Two strategies are usually available: either park at a private off-street facility or search for a cheaper on-street spot. We formalise such a setting and use the model to study optimal government regulation of the on-street...
Persistent link: https://www.econbiz.de/10005503911
On-street urban parking spaces are typically regulated by either a meter fee or a time restriction. This paper shows that, when the off-street parking market is perfectly competitive, meter fees are more efficient than time restrictions. When on-street parking is free, albeit subject to a time...
Persistent link: https://www.econbiz.de/10005503913
Consider the choices available to a shopper driving to a city and trying to park downtown. One option, typical to many cities, is to follow the signposts to an off-street parking facility, which is often privately operated. Another option is to search for an on-street spot. If this proves...
Persistent link: https://www.econbiz.de/10005503915
This research presents a model to predict the influence of demand and capacity on the running speed of signalized arterials in Montgomery County, Maryland. The model separates the changes to link running speed due to same-direction traffic and intersection approach delay from cross traffic. It...
Persistent link: https://www.econbiz.de/10005543306
This paper considers the engineer's, economist's, manager's, and planner's perspectives on effectiveness for transportation respectively. This paper examines both the measures used in each perspective, weighs their advantages and disadvantages for various purposes. The first section summarizes...
Persistent link: https://www.econbiz.de/10005543311
This paper provides a comprehensive survey of the literature on the measures of social costs, providing an indication of the state of engineering and economic literature. We operationalize the new thinking about which externalities seem appropriate to consider in an analysis of the...
Persistent link: https://www.econbiz.de/10005543315
This paper examines the influence of technology and employer attitude on the decision to work at home. Using data from a suburban Washington household travel survey, it is found that both technology and a favorable employer attitude are positively associated with the number of hours and days in...
Persistent link: https://www.econbiz.de/10005543318
This paper explores alternative financing mechanisms to pay for the fixed costs of roads, particularly in cases without rising marginal costs. Mechanisms considered include tolls, gas taxes, and developer payments. The problems with each are discussed. An example looking at problems of temporal...
Persistent link: https://www.econbiz.de/10005543321
In this paper we review the theoretical and empirical literature on the cost structure of the provision of intercity highway transportation and specify and estimate our own cost functions . We develop a full cost model which identifies the key cost components and then estimate costs component by...
Persistent link: https://www.econbiz.de/10005543322
Economists have long advocated congestion pricing as an efficient way of allocating scarce roadway capacity. However, with a few exceptions, congestion tolls are rarely used in practice and strongly opposed by the public and elected officials. Although high implementation costs and privacy...
Persistent link: https://www.econbiz.de/10005442515