This paper analyzes the possibilities to relieve congestion using rewards instead of taxes, as well as combinations of rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic demand, a fine (time-varying) reward is equivalent...

More than a decade ago Oswald has formulated the thesis that homeownership increases unemployment. Empirical research on micro data has confirmed that unemployed homeowners are less inclined to move house in combination with accepting a new job elsewhere. However, in general for European...

It is well known that the take-up rate of the Dutch housing benefit and other means tested benefits is substantially below 100%. In order to measure non-take up one usually has to simulate entitlement to the benefits. In this paper we take a closer look at the quality of the simulation. We find...

This paper studies the interaction between job mobility and housing mobility by considering the duration of commutes. Conventional models assume that the employment location has priority over the residential location and that the latter is adapted to the former. This implies that the duration of...

The effects of a policy measure often reach the consumer only after one or more intermediate steps, for instance because the measure lowers the cost of an input for an industry producing a consumer good. This paper is concerned with the question how to measure such indirect effects correctly...

This paper provides a link between car following theory and the economic theory of road congestion by means of a theory of speed choice. According to this theory speed choice is based on a trade-off between the benefits (shorter travel time) and cost (higher accident risk) of driving faster....

We present a modified open monocentric city model that assumes that land is available for conversion into new housing throughout the city. The model predicts that positive local income shocks (i) increase the city’s share of multi-family housing in new construction and (ii) lead to the...

This paper investigates the development of house prices in Copenhagen in the period 1994-2013, while paying special attention to the heterogeneous impact of the boom and bust periods along the dimensions of housing type (single vs multifamily housing), geography and quality. To allow for price...

An emerging quantitative spatial economics literature models commuting interactions by a gravity equation that is mathematically equivalent to a multinomial logit model. This model is widely viewed as restrictive because of the independence of irrelevant alternatives (IIA) property that links...

1 Introduction -- 1.1 The Problem -- 1.2 The Analytical Tools -- 1.3 A Summary of the Book -- A: General -- 2 Individual Choice Behaviour -- 3 Uncertainty and the Consistency of Discrete Choice Models -- 4 From Micro to Meso Choice Analysis -- 5 Allocation of Actors within the Model -- 6 The...