We analyse time-varying tolling in the stochastic bottleneck model with price-sensitive demand and uncertain capacity. We find that price sensitivity and its interplay with uncertainty have important implications for the effects of tolling on travel costs, welfare and consumers. We evaluate...

This paper discusses some transport economic dimensions of Lucians "Dialogues of the Dead". Using the service "soul transportation to Hades" as an example, we discuss the transport economic notions revealed in these dialogues, and we draw the parallels to modern economic and political debates....

Research background: Cycling is considered one of the most required ways of commuting, because it generates multiple benefits and low levels of external costs of transport. Many cities try to increase the share of cycling in the modal split by the way of various interventions. Effects of these...

Hypercongestion - the phenomenon that higher traffic densities can reduce throughput - is well understood at the link level, but has also been observed in a macroscopic form at the level of traffic networks; for instance, in morning rush-hour traffic into a downtown core. In this paper, we show...

The public policies on mass transit and other economic policies have been unable to avoid increasing mass transit costs and urban bus fares, which places a burden on a majority of the population depending on public transit. This study analyzes the variations in urban bus fares and households...

Using techniques from evolutionary game theory, we analyze potential games with continuous player sets, a class of games which includes a general model of network congestion as a special case. We concisely characterize both the complete set of Nash equilibria and the set of equilibria which are...

The COVID-19 crisis has identified several weaknesses and shortcomings of global supply chain networks. Due to the rapidly increasing demand of protective healthcare equipment, i.e. goggles, masks or equipment, it is visible that global supply chains have been significantly challenged....

We use a regression discontinuity design to study the effect of the COVID-19 lockdown on mobility and traffic accidents. Based on data from Google Community Mobility reports and Uniform Traffic Crash Report from the Louisiana Department of Transportation and Develop- ment (LaDOTD), we find that...

* The Recovery Fund recently proposed by the EU Commission marks a sea-change in European integration. Yet it will not be enough to meet the challenges Europe faces. There has been much public debate about financing, but little about the sort of concrete projects that the EU should be putting...

Transport has significant externalities including carbon emissions and air pollution. Public health research has identified additional social gains from active travel, due to health benefits of physical exercise. Per mile, these benefits greatly exceed the external costs from car use. We...