The economics of urban transportation

By Kenneth Small, Erik T. Verhoef. 2007

948 citations recorded by the source corpus.

Subfields: Automotive Engineering, Transportation

View Paper: https://www.semanticscholar.org/paper/d2ee9b37a6731efa7a12a3b049b023bfd4e312d1

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In Automotive Engineering

In Transportation

Citations in the corpus

Valuation of Travel Time (2012, methodology): “For example, Small and Verhoef (2007) tally the costs of a typical urban commuting trip in the United States, finding that travel time and reliability together account for 45% of the average social variable cost, compared to vehicle capital costs (19%), vehicle operating costs (16%), and accident co”
Forecasting the Impact of Connected and Automated Vehicles on Energy Use: A Microeconomic Study of Induced Travel and Energy Rebound (2019, background): “Marginal fuel and time costs are economically important and technologically relevant: together, they make up the majority of the variable cost of travel (19% and 45%, respectively [28]), and they are both projected to drop significantly with the diffusion of CAV technology [2,26,29,30].”
The effect of Beijing’s driving restrictions on pollution and economic activity (2015, background): “…effects are likely small since the restrictions applied except from midnight to 3:00 a.m. Pollution rises convexly with car density because congestion causes cars to spend more time idling and a longer time traveling the same distance (see Arnott and Kraus, 2003; Small and Verhoef, 2007).”
Wages and commuting: quasi-natural experiments' evidence from firms that relocate (2014, positive): “Transport economists typically find that the value of time for commuters is about 50% of the wage (Small and Verhoef, 2007).”
Productive Cities: Sorting, Selection, and Agglomeration (2014, background): “The reason behind this exact offset can be found in equation (11) which shows that labour market clearing implies a constant aggregate entrepreneurial income as a share of city output.”
Rewarding rush-hour avoidance: A study of commuters' travel behavior. (2011, background): “Second-best schemes have been suggested to circumvent the difficulties in implementing first-best solutions (Small & Verhoef, 2007).”
Capabilities and strategic entrepreneurship in public organizations (2013, background): “edu 1 These capabilities relate to infrastructure such as highways (Small and Verhoef, 2007) and prisons (Hart, Shleifer, and Vishny, 1997), sensitive information about military activities (Vandenbroucke, 1993), organizational assets such as the cultures and routines of established agencies (Peters,”
Part I: Externalities and economic policies in road transport (2010, background): “There is consensus in the literature that the most important negative externalities from road transport include accidents, road damage, environmental damage, congestion and oil dependence (Maibach et al., 2008; Newbery, 1990; Parry, Walls, & Harrington, 2007; Small & Verhoef, 2007).”
Multimodal pricing and optimal design of urban public transport: The interplay between traffic congestion and bus crowding (2014, background): “…our framework the amount of total trips is fixed but the amount of motorised trips is not, and hence a low (negative in this case) bus fare 16 The principles behind first best and second best pricing are extensively analysed in Small and Verhoef (2007) and Tirachini and Hensher (2012) among others.”