SAFETYLIT WEEKLY UPDATE

We compile citations and summaries of about 400 new articles every week.
Email Signup | RSS Feed

HELP: Tutorials | FAQ
CONTACT US: Contact info

Search Results

Journal Article

Citation

Proost S, Westin J. Pap. Reg. Sci. 2017; 96(2): 401-422.

Copyright

(Copyright © 2017, Regional Science Association International, Publisher John Wiley and Sons)

DOI

10.1111/pirs.12196

PMID

unavailable

Abstract

We study the competition of two suburbs facing transit traffic flows. The suburbs are substitutes for transit traffic. In the absence of toll measures, the symmetric Nash equilibrium with two local governments leads to a race to the top in traffic calming measures that increases the cost of travel. The Nash equilibrium is compared to two types of centralized decisions: the symmetric solution and the asymmetric solution. The asymmetric solution that concentrates all transit traffic in one suburb is better but can only be realized if the authority over the local roads is transferred to the central authority.


Language: en

Keywords

Transport; regulation; externalities; multi-level government; traffic calming

NEW SEARCH


All SafetyLit records are available for automatic download to Zotero & Mendeley
Print