umu.sePublications
Change search
ReferencesLink to record
Permanent link

Direct link
Race to the top in traffic calming
Umeå University, Faculty of Social Sciences, Centre for Regional Science (CERUM).ORCID iD: 0000-0002-2697-1062
KU Leuven.
2015 (English)In: Papers in regional science (Print), ISSN 1056-8190, E-ISSN 1435-5957Article in journal (Refereed) Epub ahead of print
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
2015.
Keyword [en]
Transport, externalities, traffic calming, multi-level government, regulation
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-113997DOI: 10.1111/pirs.12196OAI: oai:DiVA.org:umu-113997DiVA: diva2:892446
Available from: 2016-01-10 Created: 2016-01-10 Last updated: 2016-05-26

Open Access in DiVA

No full text

Other links

Publisher's full text

Search in DiVA

By author/editor
Westin, Jonas
By organisation
Centre for Regional Science (CERUM)
In the same journal
Papers in regional science (Print)
Economics

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 54 hits
ReferencesLink to record
Permanent link

Direct link