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This paper presents an approach for the estimation of welfare effects of tax policy changes under heterogeneity in consumer preferences. The approach is applied to evaluate the welfare effects of current tax advantages for electric vehicles supplied as fringe benefits by employers. Drawing on...
Persistent link: https://www.econbiz.de/10013053077
This article investigates competition in a market with an emerging technology using a discrete choice model to analyze demand and welfare. We focus on industry structure and investigate the impact of different market structures on demand for the new technology and on welfare. The car market...
Persistent link: https://www.econbiz.de/10013044892
This paper develops a practical approach to estimate the benefits of improved reliability of road networks. We present a general methodology to estimate the (changes in) scheduling costs due to (changes in) travel time variability for car travel. We focus on situations where only mean delays are...
Persistent link: https://www.econbiz.de/10013046500
Hypercongestion is the situation where a certain traffic flow occurs at a combination of low speed and high density, while a more favorable combination of these could produce the same flow. The macroscopic fundamental diagram (MFD) allows for such hypercongestion, but does not explicitly...
Persistent link: https://www.econbiz.de/10013251526
We employ a semi-parametric estimation approach to analyse observed and unobserved heterogeneity in the value of savings in travel time and schedule delay. Our econometric approach allows for the estimation of unobserved and observed heterogeneity in preferences in a flexible way, meaning that...
Persistent link: https://www.econbiz.de/10013035549
Participants of a large-scale, real-life peak avoidance experiment have been asked to provide estimates of their average in-vehicle travel times for their morning commute. Comparing these reported travel times to the corresponding actual travel times, we find that travel times are overstated by...
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