Traffic congestion will continue to worsen and likely worsen at a faster rate than ever. People throughput and freight throughput have become critical issues for California and the rest of the nation. PATH has funded with approximately $125K a research project entitled "Evaluation of Bus and...

We study the high-speed rail (HSR) substitution for air travel through the demand shocks triggered by two HSR events: the launch of Beijing-Shanghai high-speed rails (the “Jing-hu” HSRs) and the Wenzhou train accident. One novelty of our data is that the HSR events are exogenous to the...

In this paper, we demonstrate that the anticompetitive effect of exclusive contractingon market entry can be completely nullified if the entrant is allowedto sell partial cross ownership (PCO) to the incumbent. In equilibrium theincumbent is fully compensated and efficient entry occurs; thus PCO...

In order to reduce the burden to the environment, the application of prothioconazole and its metabolites need comprehensive evaluation. Therefore, the environmental behaviors tests of prothioconazole were conducted in different conditions, three typical soils and two types of water-sediment...

We analyze the impact of market share on advertising and pricing decisions by firms that sell to loyal, non-shopping customers and can advertise to shoppers through an information intermediary or "gatekeeper." In equilibrium the firm with the smaller loyal market advertises more aggressively but...