As the provision of roads has become market driven, many intriguing issues have emerged, such as the strategic interactions among private firms in determining road supply and pricing in a network and, more importantly, the resulting inefficiencies when competition substitutes for government...

Intuitively, the concept of an Environmental Kuznets Curve (EKC) is relatively easy to understand: pollution will initially increase with economic development but then decrease again as incomes attain a certain level. The overall concept of pollution, however, actually consists of various...

In this paper, we study the economics of parking provision for the morning commute, where all the parking lots are owned and operated by private operators. The parking capacity allocations, parking fees and access times are considered in a parking market. First we solve the parking market...