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In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise … commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the … timecosts fall. Using data from Great Britain, we demonstrate that the income elasticity ofcommuting speed is 0.126. The ratio …
Persistent link: https://www.econbiz.de/10011338008
In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise … commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the … timecosts fall. Using data from Great Britain, we demonstrate that the income elasticity ofcommuting speed is 0.126. The ratio …
Persistent link: https://www.econbiz.de/10010325545
In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise … commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time … costs fall. Using data from Great Britain, we demonstrate that the income elasticity of commuting speed is 0.126. The ratio …
Persistent link: https://www.econbiz.de/10005209517
hours, speed differences are probably one of the most important reasons for congestion. Although the model setting, with one … of slow drivers, and that ‘platooning’ may become an attractive option especially when the desire for a low speed is …
Persistent link: https://www.econbiz.de/10010361655
The relationship between speed and income is established in a micro- economic model focusing on the trade-off between … travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational … driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical …
Persistent link: https://www.econbiz.de/10005062524
The relationship between speed and income is established in a microeconomic model focusing on the trade-off between … travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational … driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical …
Persistent link: https://www.econbiz.de/10005620057
study of commuting behavior. This is illustrated by showing that introduction of a spatial element into the standard model … decentralized employment the spatial search model predicts excess commuting. Search theory also suggests that regression towards the …
Persistent link: https://www.econbiz.de/10011334847
We examine the effects of differences in income tax rates on commuting times within multi-state MSAs. Our theoretical … holding fixed other characteristics. We identify large effects on commuting times for affluent households and homeowners in …
Persistent link: https://www.econbiz.de/10010370340
commuting distances. The results illustrate that graduates are drawn to prospering regions with ample job opportunities …, supposedly in order to advance their careers. They choose their places of residence so as to balance their commuting distances …
Persistent link: https://www.econbiz.de/10011518029
commuting are negatively related, and thus the probability of self-employment decreases with "expected" commuting time. We use … metropolitan areas in the US, focusing on the relationship between commuting time and the probability of self-employment. Our … empirical results show that the probability of self-employment is negatively related to the "expected" commuting time, giving …
Persistent link: https://www.econbiz.de/10011449760