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Persistent link: https://www.econbiz.de/10005074129
This paper develops and calibrates a model of downtown parking in a city without mass transit, and applies it to investigate downtown parking policy. There is curbside and garage parking and traffic congestion. Spatial competition between private parking garages determines the equilibrium garage...
Persistent link: https://www.econbiz.de/10005027808
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Given the aims of an educational system, the relationship between inputs and output, a distribution of student ability, and a fixed budget, how should students and expenditures be allocated over classrooms? This paper focuses on peer effects and the determinants of whether streaming or mixing is...
Persistent link: https://www.econbiz.de/10005653230
Through an extended numerical example, this paper develops a diagrammatic analysis of steady-state parking and traffic congestion in an isotropic downtown and provides systematic policy analysis. Unlike our previous work, the model incorporates curbside parking, garage parking, and...
Persistent link: https://www.econbiz.de/10010575845
In the standard economic models of traffic congestion, traffic flow does not fall under heavily congested conditions. But this is counter to experience, especially in thedowntown areas of most major cities during rush hour. This paper presents a bathtub model of traffic congestion. The height of...
Persistent link: https://www.econbiz.de/10010676818
An interview with Chicago's current mayor, Richard M. Daley: 'New York is too big this way,' the mayor says, raising a thick hand over his head. Stretching both arms out at his sides, he adds, 'Los Angeles is too big this way. All the other cities are too small. We're just right.' (Bailey and...
Persistent link: https://www.econbiz.de/10010677180
This paper analyzes a model of early morning traffic congestion, that is a special case of the model considered in Newell (1988). A fixed number of identical vehicles travel along a single-lane road of constant width from a common origin to a common destination, with LWR flow congestion and...
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