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We consider commuting in a congested urban area. While an efficient time-varying toll may eliminate queuing, a toll may … not be politically feasible. We study the benefit of a substitute: a parking fee at the workplace. An optimal time …-varying parking fee is charged at zero rate when there is queuing and eliminates queuing when the rate is non-zero. Within certain …
Persistent link: https://www.econbiz.de/10011259396
This paper presents a model of urban traffic congestion that allows for hypercongestion. Hypercongestion has … fundamental importance for the costs of congestion and the effect of policies such as road pricing, transit provision and traffic …
Persistent link: https://www.econbiz.de/10011206879
Persistent link: https://www.econbiz.de/10009792650
We consider commuting in a congested urban area. While an efficient time-varying toll may eliminate queuing, a toll may … not be politically feasible. We study the benefit of a substitute: a parking fee at the workplace. An optimal time …-varying parking fee is charged at zero rate when there is queuing and eliminates queuing when the rate is non-zero. Within certain …
Persistent link: https://www.econbiz.de/10010899938
Persistent link: https://www.econbiz.de/10011564246
The goal of this paper is the estimation of the effect of accidents on traffic congestion and vice versa. In order to … causal effect of accidents on traffic congestion and vice versa. The estimation draws on panel data methods that have … do this, I use ?big data? of highway traffic and accidents in England for the period 2007-2013. The data exhibit some …
Persistent link: https://www.econbiz.de/10011400628
The goal of this paper is the estimation of the effect of accidents on traffic congestion and vice versa. In order to … causal effect of accidents on traffic congestion and vice versa. The estimation draws on panel data methods that have … do this, I use "big data" of highway traffic and accidents in England for the period 2007-2013. The data exhibit some …
Persistent link: https://www.econbiz.de/10011477032
This paper demonstrates how the transformation of the taxi industry is an example of Coase’s Theorem in practice. The Coase Theorem, as postulated by Nobel Laureate Ronald Coase (1991), is one of the simplest yet profound ideas in economics. The recent advent of new mobile app entrants in the...
Persistent link: https://www.econbiz.de/10011212222
The value of time determines relative prices of goods and services, investments, productivity, economic growth, and measurements of income inequality. Economists in the 1960s began to focus on the value of non-work time, pioneering a deep literature exploring the optimal allocation and value of...
Persistent link: https://www.econbiz.de/10014090123
Increasingly rapid changes in business environment and increase the complexity of activities within a shipping company needs to continuously adapt in a fast rhythm that often challenging exercise capacity and human factor analysis. ERP systems (Enterprise Resource Planning) was created as the...
Persistent link: https://www.econbiz.de/10010684573