Russian Abstract: В данной статье рассматриваются некоторые теоретические основы влияния транспортной инфраструктуры на экономику региона. На основании официальных...

Beginning in 1986, Shanghai has implemented an interesting car ownership policy, namely an auction of the right to register private cars. The auction was modified several times over the years. Most recently since April 2013, the authority added price caps to mitigate rapid price run-ups. In this...

The last weeks of 2018 have set new records in net new institutional investment flows into infrastructure funds, with more generalist private equity and investment management players joining this strategic asset class par excellence, as the trend is likely to continue well into 2019 – 2020.The...

This paper studies access pricing under three regimes: regulated access (VSR), negotiated access with discriminatory pricing (VSD) and negotiated access with non-discriminatory pricing (VSN). We compare each regime along three metrics: network quality, consumer surplus, and social welfare. To do...

The U.S. patent system has a number of implications for federal, state, and local departments of transportation (DOTs) and other transportation agencies. For example, contractors who develop inventions with the use of federal funds are typically allowed to patent the inventions, but the federal...

This paper examines the impact of China's large-scale high-speed rail (HSR) expansion, announced in June 2016, on low-cost carriers (LCCs) and the associated benefits assessment of the expansion program. Our analysis suggests that HSR imposes a greater threat to LCCs than to full service...

Although government regulations on product warranties are common, few studies have empirically examined their effects on product demand. Using a natural experiment, we examine the effect of a newly introduced government warranty regulation in China's automobile market on product demand....

Chinese investors are now the largest number of foreign investors in US residential and commercial real estate. Many buy in upscale, exclusive markets. It is little known, however, that in the past Chinese faced severe property discrimination in the US. This paper traces three eras of Chinese...

Intelligent Vehicle Safety Systems (IVSS) promise significant traffic safety improvements, which means from a societal point of view that resource savings can be realized and the allocative efficiency can be optimized. Therefore, transport policy has a high willingness to support and to ensure...