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How many firms choose to adopt flextime without any policy intervention? Does promoting flextime improve social welfare? This paper addresses these two questions. We extend the model of bottleneck congestion to describe the case in which some firms in a city adopt flextime. The model also...
Persistent link: https://www.econbiz.de/10004988056
This paper presents a model of a transport system with two road links in a series that describes traffic patterns under various pricing regimes. We consider various mixes of road operation including private-public toll roads, free-private toll roads, and free- public toll roads. We derive the...
Persistent link: https://www.econbiz.de/10004988103
This study deals with the allocation of international and domestic flights (allocation of services) among multiple airports in a metropolitan area. We examine three types of airport operation: 1. separate operation by two private firms (PP); 2. integrated operation by a single private firm (M);...
Persistent link: https://www.econbiz.de/10010562322