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This paper addresses the problem of measuring the welfare benefits of a transport improvement. We formulate and analyze a rich spatial model that allows for spillovers, matching and income tax, in a setting with multiple work and residential locations and very general worker heterogeneity. The...
Persistent link: https://www.econbiz.de/10015263109
A number of highly cited papers by Flyvbjerg and associates have shown that ex ante infrastructure appraisals tend to be overly optimistic. Ex post evaluations indicate a bias where investment costs are higher and benefits lower on average than predicted ex ante. These authors argue that the...
Persistent link: https://www.econbiz.de/10015238694
This paper addresses the problem of measuring the welfare benefits of a transport improvement. We formulate and analyze a rich spatial model that allows for spillovers, matching and income tax, in a setting with multiple work and residential locations and very general worker heterogeneity. The...
Persistent link: https://www.econbiz.de/10015254598
Persistent link: https://www.econbiz.de/10012250559
Persistent link: https://www.econbiz.de/10009593449
Persistent link: https://www.econbiz.de/10001648354
Persistent link: https://www.econbiz.de/10011721689
This paper discusses and analyses whether congestion charges can be considered to be “fair” in different senses to the word. Two different perspectives are distinguished: the consumer perspective and the citizen perspective. The consumer perspective is the traditional one in equity analyses,...
Persistent link: https://www.econbiz.de/10012454615
The paper draws from already published material. In fact, a reader already familiar with the congestion charging literature will find few completely new findings or insights. The contribution of the paper is rather the selection of the most relevant, interesting, important and sometimes...
Persistent link: https://www.econbiz.de/10013169750
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