Article ID Journal Published Year Pages File Type
5062445 Economics Letters 2006 6 Pages PDF
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 planner's social discount rate, which decreases future costs of supply side solutions.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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