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Race to the top in traffic calming
KU Leuven.
Umeå University, Faculty of Social Sciences, Centre for Regional Science (CERUM).ORCID iD: 0000-0002-2697-1062
2017 (English)In: Papers in regional science (Print), ISSN 1056-8190, E-ISSN 1435-5957, Vol. 96, no 2, 401-422 p.Article in journal (Refereed) Published
Abstract [en]

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.

Place, publisher, year, edition, pages
Wiley-Blackwell, 2017. Vol. 96, no 2, 401-422 p.
Keyword [en]
Transport, externalities, traffic calming, multi-level government, regulation
National Category
Economics Economic Geography
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-113997DOI: 10.1111/pirs.12196ISI: 000403253000009OAI: oai:DiVA.org:umu-113997DiVA: diva2:892446
Note

First published online in 2015

Available from: 2016-01-10 Created: 2016-01-10 Last updated: 2017-07-05Bibliographically approved

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CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
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  • vancouver
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Language
  • de-DE
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  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
  • html
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  • asciidoc
  • rtf