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We explore the properties of various types of public and private pricing on a
Persistent link: https://www.econbiz.de/10005504898
The authors explore the properties of various types of public and private pricing on a congested road network, with heterogeneous users, and allowing for elastic demand. The network allows them to model certain features of real-world significance: pricing restrictions on either complementary or...
Persistent link: https://www.econbiz.de/10004988123
We explore the properties of various types of public and private pricing on acongested road network with heterogeneous users and allowing for elasticdemand. Heterogeneity is represented by a continuum of values of time. Thenetwork consists of both serial and parallel links, which allows us to...
Persistent link: https://www.econbiz.de/10011256416
We investigate employment subcenters in the Los Angeles region using’1980 Census journey-towork data. A simple subcenter definition is used, based solely on gross employment density and total employment. We find a surprising dominance of downtown Los Angeles and three large subcenters...
Persistent link: https://www.econbiz.de/10011130876
Traffic congestion is a classic externality, especially pervasive in urban areas. The theoretical and empirical relationships governing it have been thoroughly studied. As a result, most urban economists and a growing number of other policy analysts agree that the best policy to deal with it...
Persistent link: https://www.econbiz.de/10011131022
This paper reports results from evaluations of two recent road pricing demonstrations in Southern California. These demonstration projects provide particularly useful opportunities for measuring commuters’ values of time and reliability. Unlike most revealed preference studies of value of...
Persistent link: https://www.econbiz.de/10011131043
Basic to several key issues in current urban economic theory and public policy is a presumption that local imbalances between employment and residential sites strongly influence people's commuting patterns. We examine this presumption by finding the commuting pattern for the Los Angeles region...
Persistent link: https://www.econbiz.de/10010817738
The economic theory behind congestion pricing relies on using the revenues to help compensate highway users. But can practical methods of using revenues come close to achieving this compensation, and still have salient appeal to important political groups? This paper investigates the...
Persistent link: https://www.econbiz.de/10010817754
Driven by problems of traffic congestion, U.S. policy toward urban highways has lurched over several decades from highway building to high-occupancy-vehicle lanes to travel demand management. Yet congestion has worsened, and there is scant evidence that these policies have had any appreciable...
Persistent link: https://www.econbiz.de/10010817755
The economic theory behind congestion pricing relies on using the revenues to help compensate highway users. But can practical methods of using revenues come close to achieving this compensation, and still have salient appeal to important political groups? This paper investigates the...
Persistent link: https://www.econbiz.de/10010817761