Title of article :
Why do cities use supply side strategies to mitigate traffic congestion externalities?
Author/Authors :
Thomas A. Rhoads، نويسنده , , Jason F. Shogren، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
For traffic congestion arising from sprawl, planners prefer supply side strategies over the demand side strategies recommended by economists. Our model provides a rationale why: wealth-induced congestion increases a plannerʹs social discount rate, which decreases future costs of supply side solutions.
Keywords :
Sprawl , congestion , Social discount rate
Journal title :
Economics Letters
Journal title :
Economics Letters