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In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the water among the agents is efficient when it...
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as the switchers ́lowered VOT will increase their bottleneck-congestion externality. When the capacity effect dominates …, buying a robot imposes a net positive externality, but otherwise, it causes a net negative externality. Numerical analysis … suggests that a net positive externality is more likely; nevertheless, for a small, but still plausible, capacity effect a net …
Persistent link: https://www.econbiz.de/10010532595
We analyse congestion pricing in a road and rail network with heterogeneous users. On the road there is bottleneck congestion. In the train there is crowding congestion. We separately analyse proportional heterogeneity that varies the values of time and schedule delay scalarly in fixed...
Persistent link: https://www.econbiz.de/10011386189
Existing work emphasizes the importance of traffic congestion externalities, but typically ignores cruising-for-parking externalities. We introduce a novel methodology to estimate the marginal external cruising costs of parking. The level of cruising is identified by examining to what extent the...
Persistent link: https://www.econbiz.de/10011350729
This paper has a twofold objective. First, we develop a new method to assess the monetary valuefor individuals of external effects. The method makes use of an ordinal index of life satisfaction asscored by individual respondents who are subjected in varying intensity to the external effect....
Persistent link: https://www.econbiz.de/10011313927
This discussion paper has resulted in the publication (2007) 'Order without law? Experimental evidence on voluntary cooperation and sanctioning', 2007, KritV - Kritische Vierteljahresschrift fur Gesetzgebung und Rechtswissenschaft, 90, 1-2, 140-155.In this paper we discuss experimental evidence...
Persistent link: https://www.econbiz.de/10011334839
We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which...
Persistent link: https://www.econbiz.de/10011334840
When drivers opt for carpooling, road capacity will be freed up, and this will reduce congestion. Therefore, carpooling is interesting for policy makers as a possible solution to congestion. We investigate the effects of carpooling in a dynamic equilibrium model of congestion, which captures...
Persistent link: https://www.econbiz.de/10011869960