High-occupancy vehicle (HOV) lanes have been promoted to encourage carpools, reduce traffic congestion, and improve air quality. At the partial equilibrium level, commuting with three workers per automobile clearly reduces highway congestion, lowers carbon emissions, and saves energy compared to...

The central prediction of the monocentric city model is that real estate prices, density of development, population density, and land rent decline with the distance from urban center. The spatial pattern follows a negative exponential under the conditions derived by Brueckner (1982) and McDonald...

This paper considers the widespread adoption of electric, shared, autonomous vehicles (AVs). Numerical simulations suggest falling transportation costs and changing center-city land use patterns will reshape the urban form of the city, with several primary consequences. The most likely scenarios...