This paper explores how the interaction between human-driven vehicles (HVs) cruising for parking and autonomous vehicles (AVs) traveling back and forth affects travel behavior and congestion. To capture the spatial distribution of parking, we develop a continuous spatial optimization model, with...

This paper explores how the interaction between human-driven vehicles (HVs) cruising for parking and autonomous vehicles (AVs) traveling back and forth affects travel behavior and congestion. To capture the spatial distribution of parking, we develop a continuous spatial optimization model, with...

Most studies of the optimal provision of public goods or the excess burden from taxation assume that individual utility is independent of other individuals' consumption. This paper investigates public good provision and excess burden in a model that allows for interdependence in consumption in...

We derive bounds on the ratios of deadweight loss and consumer surplus to producer surplus under Cournot competition. To do so, we introduce a parameterization of the degree of curvature of market demand using the parallel concepts of ½-concavity and ½-convexity. The ”more concave” is...

We analyze the rate at which cost shocks are passed through to prices when the market exhibits network externalities. We find that the pass-through rate is smaller in the presence of network externalities. Also, the deadweight loss created by a cost shock is smaller in a network market.

Using data on the valuation of Christmas gifts received by students enrolled in different fields at a German university, we investigate whether the endowment effect, the difference between asking and bidding prices, differs between males and females, students of economics and other fields and...

This discussion paper led to a publication in <A href="http://www.sciencedirect.com/science/article/pii/S0166046213001075">'Regional Science and Urban Economics'</A>, 45, 33-44. <P> We estimate welfare losses of policies that provide on-street parking permits to residents almost free of charge in shopping districts. Our empirical results indicate that parking supply is far from...</p></a>