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This paper presents the results of a large stated choice experiment among Dutch commuters facing congestion. The experiment consisted of a fractional factorial design with 15 different attributes, three alternatives were car specific and the other was always public transport. Various model...
Persistent link: https://www.econbiz.de/10005747664
In this paper, the impact of endogenous information provision to drivers in road transport is investigated. A static economic equilibrium model is used, which allows potential road users to buy information on the prevailing (stochastic) traffic situation. It takes for granted that an indiviual...
Persistent link: https://www.econbiz.de/10005615916
This paper explores interrelations between pricing, capacity choice, and financing in transportation networks. We build on the Mohring-Harwitz result on self-financing of optimally designed and priced roads and investigate it in a network environment under various types of second-best...
Persistent link: https://www.econbiz.de/10005655182
We explore the properties of various types of public and private pricing on a congested road network, with heterogeneous users and allowing for elastic demand. Heterogeneity is represented by a continuum of values of time. The network allows us to model certain features of real-world...
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It can be imagined that a reward may be a far more popular policy instrument than the traditional taxation approach towards containing externalities, usually presented in public economics literature. Given the implied policy potential, we conducted an extensive reward experiment in real world...
Persistent link: https://www.econbiz.de/10010595138
This paper models strategic interactions between a road supplier, a provider of traffic information, and road users, with stochastic travel times. Using a game-theoretical analysis of suppliers’ pricing strategies, we assess the social welfare effects of traffic information under various...
Persistent link: https://www.econbiz.de/10010599304
Urban (re-)development projects may generate various positive and negative spatial externalities to employers. The assessment of such benefits is fraught with many methodological and empirical problems. This study aims to assess the order of magnitude of expected net benefits for incumbent...
Persistent link: https://www.econbiz.de/10010623111