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This paper investigates the optimal information design for a system to minimize congestion cost in the presence of both autonomous vehicles (AVs) and human-driven vehicles (HVs). We incorporate asymmetric information between AVs and HVs in a routing game where there are two routes available and...
Persistent link: https://www.econbiz.de/10013224061
The first systematic research on Location Theory dates back to 1826. Quantitative approaches came much later. On the supply side extensive Input-Output Tables can be mentioned and on the demand side the optimization by Multi-Criteria Decision Making. The advantages of Input-Output Tables for...
Persistent link: https://www.econbiz.de/10012177047
Durable goods provide conventional proxies for household wealth, which, in turn, may increase the tendency to consume healthier food products and engage in leisure-time physical exercise. Higher car ownership levels, on the other hand, may reduce the tendency to participate in utilitarian,...
Persistent link: https://www.econbiz.de/10012178536
Economy-wide shocks affect demand, supply, and intermediary sectors simultaneously. We dissect the impact of the Covid-19 pandemic on international trade by combining information from customs records, smartphone-based human mobility, and container ship port calls. We find that local disruptions...
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