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The Welfare Costs of Nonoptimum Pricing and Investment Policies for Freeway Transportation

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  • Kraus, Marvin
  • Mohring, Herbert
  • Pinfold, Thomas P

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  • Kraus, Marvin & Mohring, Herbert & Pinfold, Thomas P, 1976. "The Welfare Costs of Nonoptimum Pricing and Investment Policies for Freeway Transportation," American Economic Review, American Economic Association, vol. 66(4), pages 532-547, September.
  • Handle: RePEc:aea:aecrev:v:66:y:1976:i:4:p:532-47
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    References listed on IDEAS

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    1. Martin Neil Baily, 1974. "Wages and Employment under Uncertain Demand," Review of Economic Studies, Oxford University Press, vol. 41(1), pages 37-50.
    2. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
    3. Laidler, David E W & Parkin, J Michael, 1975. "Inflation: A Survey," Economic Journal, Royal Economic Society, vol. 85(340), pages 741-809, December.
    4. Azariadis, Costas, 1975. "Implicit Contracts and Underemployment Equilibria," Journal of Political Economy, University of Chicago Press, vol. 83(6), pages 1183-1202, December.
    5. Sargent, Thomas J & Wallace, Neil, 1975. ""Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 241-254, April.
    6. Grossman, Herschel I, 1977. " Risk Shifting and Reliability in Labor Markets," Scandinavian Journal of Economics, Wiley Blackwell, vol. 79(2), pages 187-209.
    7. Robert E. Hall, 1975. "The Rigidity of Wages and the Persistence of Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 6(2), pages 301-350.
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    Citations

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    Cited by:

    1. Anas, Alex & Rhee, Hyok-Joo, 2006. "Curbing excess sprawl with congestion tolls and urban boundaries," Regional Science and Urban Economics, Elsevier, vol. 36(4), pages 510-541, July.
    2. John J. Beggs, 1981. "Marginal Cost Pricing, Taxation and Subsidies in Urban Transport," Cowles Foundation Discussion Papers 586, Cowles Foundation for Research in Economics, Yale University.
    3. Krupnick, Alan & Harrington, Winston & Alberini, Anna, 1998. "Overcoming Public Aversion to Congestion Pricing," Discussion Papers dp-98-27, Resources For the Future.
    4. Parry, Ian W H & Bento, Antonio, 2001. " Revenue Recycling and the Welfare Effects of Road Pricing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 103(4), pages 645-671, December.
    5. Anas, Alex & Timilsina, Govinda R., 2015. "Offsetting the CO2 locked-in by roads: Suburban transit and core densification as antidotes," Economics of Transportation, Elsevier, pages 37-49.
    6. Conrad, Klaus, 1994. "Traffic, Transportation, Infrastructure and Externalities : a Theoretical Framework for a CGE Analysis," Discussion Papers 504, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre.
    7. Harrington, Winston & Krupnick, Alan J. & Alberini, Anna, 2001. "Overcoming public aversion to congestion pricing," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(2), pages 87-105, February.
    8. Edward Calthrop, 2001. "On Subsidising Auto-Commuting," CESifo Working Paper Series 566, CESifo Group Munich.
    9. Jyh-Fa Tsai & Chih-Peng Chu, 2003. "The analysis of regulation on private highway investment under a build-operate-transfer scheme," Transportation, Springer, pages 221-243.

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