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This article shows that in the presence of environmental externalities, it may be welfare enhancing to overcome a … effects. -- environmental externalities ; network effects ; private transport ; technological change …
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increases in service frequency reduce road traffic externalities. We exploit differences in service frequency growth by …
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A major result in the study of two-sided platforms is the strategic interdependence between the two sides of the same platform, leading to the implication that a platform can maximize its total profits by subsidizing one of its sides. We show that this result largely depends on assuming that at...
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explicitly considered indirect network effects. We also introduce the market power of vehicle producers and scale effects in the …
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We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that …
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