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This paper studies the interaction between urban spatial equilibrium and commuting congestion dynamics. We present a new monocentric city framework that combines a discrete urban space with multiple Vickrey (1969)-type bottlenecks. The model illustrates commute scheduling patterns by residents...
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This paper studies the interaction between dynamic traffic congestion and urban spatial equilibrium, using a model that is a straight unification of the Vickrey (1969) bottleneck congestion model and the Alonso (1964) monocentric city model. In a monocentric city with a bottleneck at the...
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During the COVID-19 pandemic, house prices increased more in the suburbs than in city centers, flattening house-price gradients in most US cities. This paper explains this phenomenon, focusing on the pandemic-induced adoption of work-from-home (WFH) practices. Our theoretical framework shows...
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In this paper, we construct commuters’ travel-time profiles, namely, the menu of travel times that each individual will likely face according to alternate trip timing choices, to measure congestion delays for morning commutes in California and explore a new trip scheduling pattern of commuters...
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