Accident externalities are among the most important external costs of road transport. We study the regulation of these when insurance companies have market power. Using analytical models, we compare a public-welfare maximizing monopoly with a private profit-maximizing monopoly, and markets where...

This discussion paper resulted in a publication in the <I>Journal of Transport Economics and Policy</I> (2012), vol. 46(1), pages 123-138.<P> This paper proposes an analytical framework for scheduling decisions of road travelers that takes into account probability weighting using rank dependent utility...</p></i>

Accident externalities that individual drivers impose on one another via their presence on the road are among the most important external costs of road transport. We study the regulation of these externalities when insurance companies have market power. Some of the results we derive have close...

We study interaction between the trips of two types of drivers on a two-lane road who differ by their desired speeds. The difference in desired speeds causes congestion, because slow drivers force fast drivers to reduce their speed. An interesting aspect of this type of congestion is that...

We explore the properties of various types of public and private pricing on a

Climate change is a serious concern worldwide. Policy research on climate change in the past decades has largely focused on applied modelling exercises. However, the implications of specific policy strategies such as the clean development mechanism (CDM) for global and regional economic and...

Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal...

Paper submission from Erik Verhoef (everhoef@econ.vu.nl) Discussion Paper Submission Form - STEP 1 This discussion paper abstract is submitted by Erik Verhoef (everhoef@econ.vu.nl) Template-Type: ReDIF-Paper 1.0 Series: Tinbergen Institute Discussion Papers Creation-Date: <invullen> Number: <invullen> Author-Name:...</invullen></invullen>

This paper studies urban sustainability from the perspective of externalities. We develop a general spatial equilibrium model of a monocentric city, in which two types of externalities occur. On the one hand, pollution in the industrial centre leads to a spatially differentiated deterioration of...

This paper presents a framework for analysing spatial aspects of environmental policies in the regulation of trans-boundary externalities. A spatial price equilibrium model for two regions is constructed, where interactions between these regions can occur via trade and transport, via mutual...